- Our Mission
- Our Board Members
- Our Due Process
- Our Annual Reports
- Our History
- Our Staff Members
- Our Contact Information
- Accounting and Auditing Policy Committee
- Board Activities
- Active Projects
- Archived Projects
- AICPA Omnibus
- Application of the Liability Definition
- Asbestos-Related Liabilities
- Concepts – Elements
- Concepts – Federal Entity
- Concepts – Measurement Attributes
- Concepts – Objectives
- Deferral of the Transition to Basic Information for Long-Term Projections
- Deferred Maintenance & Asset Impairment
- Earmarked Funds (Evaluating Existing Standards)
- Estimating the Historical Cost of General Property, Plant, and Equipment
- FASB Reporting by Federal Entities
- Fiscal Sustainability Reporting: SFFAS 36
- Grant Programs: Accrual Estimates
- Heritage Assets and Stewardship Land
- Inter-Entity Costs
- Investments and Other Equity Interests in Non-Federal Entities
- Managerial Cost Accounting – Federal Reporting Model
- Natural Resources
- Reporting Changes in Assumptions and Other Issues
- Social Insurance
- Staff Implementation Guidance 31.1: Guidance for Implementation of Statement of Federal Financial Accounting Standards 31, Accounting for Fiduciary Activities
- Stewardship Investments
- Technical Inquiries
Our Board Members
Tom L. Allen
Mr. Allen joined the Board in January 2006 and serves as its Chairman. He also is serving on the accounting department faculty at Weber State University. He retired June 30, 2004, as Chairman of the Governmental Accounting Standards Board (GASB) after serving in that capacity for nine years. Prior to becoming the GASB Chairman on July 1, 1995, he served one year as a part-time member of the Board. Mr. Allen was elected as Utah State Auditor in 1984 and served as the State Auditor of Utah until he resigned to chair the GASB. He is a Certified Public Accountant and a member of the American Institute of Certified Public Accountants (AICPA) where he served from 1987 to 1990 as Chairman of the AICPA Members in Government Committee. He also served on the AICPA’s Ethics Executive Committee, Government Accounting and Auditing Committee, and Auditing Standards Board.
Mr. Dacey is currently Chief Accountant for the Government Accountability Office (GAO). Mr. Dacey has provided leadership for significant GAO efforts in financial accounting and auditing, as well as in information security, homeland security, and other information technology areas. He served as Director of the consolidated financial statement audit for the initial three audits of the U.S. government’s financial statements. He also led GAO’s initial financial audit efforts at the Department of Health and Human Services and the Internal Revenue Service, and the development of comprehensive audit manuals for financial auditing and information security as well as related training. Mr. Dacey served as a member of the AICPA’s Auditing Standards Board (ASB) and the FASAB Accounting and Auditing Policy Committee. In addition, Mr. Dacey’s long-term leadership in GAO’s information security audit efforts has resulted in numerous result-oriented reports and testimonies, including (1) addressing information security challenges in federal agencies and corporations, (2) assessing emerging information security issues, and (3) evaluating the federal government’s efforts to protect our nation’s private and public critical infrastructure from cyberthreats. Prior to joining GAO, Mr. Dacey was a senior manager with Deloitte & Touche and served as divisional business manager and controller for an international corporation. Mr. Dacey is a Certified Public Accountant, Certified Government Financial Manager, and Certified Information Systems Auditor. He received a B.B.A., magna cum laude, from the University of Cincinnati and a J.D. from the George Mason University School of Law.
Dr. Granof is the Ernst & Young Distinguished Centennial Professor of Accounting and a University Distinguished Teaching Professor at the University of Texas at Austin. He has over 40 years’ experience in the accounting profession. He is the author of several textbooks, including Government and Not-for-Profit Accounting: Concepts and Practices. He has served on a number of professional committees and standard-setting boards including the National Council on Governmental Accounting, the U.S. Comptroller General’s Advisory Council on Government Auditing, the Governmental Accounting Standards Advisory Council and the Association of Government Accountants’ Financial Management Standards Board. Dr. Granof holds a doctor of philosophy degree from the University of Michigan Graduate School of Business Administration as well as an MBA from Columbia University Graduate School of Business and a bachelor of arts degree in economics from Hamilton College. He joined the Board in July 2009.
Christina Ho is the Deputy Assistant Secretary (DAS) for Accounting Policy and Financial Transparency. She is responsible for leading the implementation of the high profile legislation signed into law in May 2014, the DATA Act, and advancing governmentwide efforts to improve open, accountable, and participatory government through reliable, timely, secure, and consumable financial management data. She is also responsible for assisting the Fiscal Assistant Secretary in development of policies for the administration of governmentwide accounting activities in the Treasury department. In addition, she represents the Department of Treasury on the Federal Accounting Standards Advisory Board (FASAB). Prior to her appointment as the DAS, she was the Executive Director for Data Transparency at Bureau of the Fiscal Service and lead a cross-government data initiative designed to promote transparency, facilitate better decision making, and improve operational efficiency across the federal government. In 2014, she was named as one of the “Fierce 15” winners by FierceGovernment and received the Big Data Innovation Award by Federal Big Data Summit for her innovative work in data transparency at Treasury.
Prior to her appointment as the Executive Director for Data Transparency, Christina was the Assistant Commissioner, Government Wide Accounting responsible for the centralized financial accounting and reporting services and policy relating to the federal government’s financial and operational performance to the Congress, customer agencies, American citizens, and other stakeholders. From September 2009 to September 2011, Christina served as the Deputy Assistant Commissioner responsible for the auction operations of Treasury marketable securities used to finance the US Government.
Prior to joining the Federal Government in September 2009, Christina was a senior manager at Deloitte & Touche, LLP (Deloitte) serving many high-profile publically traded companies in the financial services industry. Christina is a certified public accountant (CPA) and a certified information system auditor (CISA).
Sam M. McCall
Dr. McCall has over forty years experience in governmental auditing. He has served as deputy state auditor for the state of Florida, the city auditor in Tallahassee, Florida and is currently the Chief Audit Officer for Florida State University. He actively promotes citizen centric reporting and has extensive knowledge of performance measurement and reporting. In 2009, he received a Doctor of Philosophy in Public Administration from Florida State University with an emphasis in government financial management. His dissertation topic was An Analysis of Local Government Performance Measurement Reports. In addition to his many career and educational accomplishments, Dr. McCall has served the profession through many volunteer activities at the international, national, state and local levels. He was vice-chair of the International Internal Auditing Standards Board, a member of the Comptroller General’s Advisory Council on Government Auditing Standards, and national president of the Association of Government Accountants. His prior experience with accounting standards-setting includes serving on task forces for the Governmental Accounting Standards Board as well as the American Institute of CPAs FASAB Rule 203 review panel. He is a certified public accountant, certified government financial manager, certified internal auditor, and a certified government auditing professional. He joined the Board in January 2012.
Effective October 5, 2014, Mark Reger was designated the Deputy Controller of the United States. Mr. Reger was detailed to OMB from the US Treasury Department to serve as the Interim Controller on March 17, 2014, and then assumed the Deputy Controller duties in October. Since March, Mark has been responsible for coordinating OMB’s efforts to initiate government-wide improvements in all areas of financial management, including financial reporting, internal controls, grants management, financial systems, improper payments, and real property management. He also serves as the OMB representative on the FASAB.
Mr. Reger was the Deputy Assistant Secretary Accounting Policy, Office of the Fiscal Assistant Secretary, Department of the Treasury prior to moving to OMB. As such, he had oversight responsibility for the consolidation and publishing of the Financial Report of the U.S. Government and the new Office of Financial Innovation and Transformation. Mark was the Treasury Department’s representative on FASAB.
Prior to joining the Office of the Fiscal Assistant Secretary, Mr. Reger served as the Chief Financial Officer (CFO) of the United States Office of Personnel Management (OPM) from 2007 through May 2010. As CFO, he led OPM’s financial management operations including accounting, payroll processing, budget, financial policy, financial systems, strategic planning and coordination, performance and evaluation, internal control activities and OPM’s President’s Management Agenda program. Prior to joining OPM, Mr. Reger held leadership positions in federal, state and local government. He served as the CFO of the Federal Communications Commission (FCC) and the Chairman of the Small Agency Council Finance Committee. At FCC, he was responsible for the compilation of the Agency’s first auditable financial statements which received an unqualified opinion. Before coming to Washington, D.C. he spent 20 years in Maryland government, serving in a series of senior management positions including CFO of the Maryland Department of Agriculture and culminating in his position as the Chief Deputy Treasurer of Maryland. Mark briefly served as a Deputy Treasurer for Baltimore County Public Schools and was responsible for the security and information technology functions of one of the largest school systems in the nation. He also served as a Deputy Treasurer for the District of Columbia responsible for banking and financial services.
Mr. Reger is a Certified Public Accountant licensed in Maryland. He has been a member of the Senior Executive Service since 1998 and graduated from the Federal Executive Institute in 1999. Mr. Reger was granted a Henry Toll Fellowship by the Council of State Governments in 1994 and is a 2005 graduate of the executive leadership program of Said Business School in Oxford, England.
Mr. Showalter is a teaching professor at North Carolina State University and a retired partner from KPMG LLP. He served as a technical advisor and lead partner to many of KPMG’s largest and most complex public sector clients, including the states of Nebraska, New York, Michigan, Pennsylvania, and South Carolina; the cities of Houston, Indianapolis, Miami, Milwaukee, and Washington, D.C.; the city/county of San Francisco; and the Department of the Treasury, U.S. Customs, Department of Agriculture, and Defense Information Systems Agency. He has also served on a number of professional committees and task forces created by the Governmental Accounting Standards Board, the Government Finance Officers Association, and the American Institute of CPAs. He graduated summa cum laude with a bachelor of science degree in business administration (accounting) from the University of Richmond, Robins School of Business. He is a Certified Public Accountant and a Certified Government Financial Manager. He joined the Board in July 2009.
Mr. Smith is one of the founding partners and the managing partner of SB & Company,LLC, a CPA firm in Maryland. His firm serves small business, middle market companies, state and local governmental entities, colleges and universities, and non-profit organizations. He is the partner in charge of the state and local governmental practice as well as its quality control leader. He began his career with Arthur Andersen and rose from staff accountant to audit partner. His volunteer service includes being a former chair of the Maryland Association of CPAs, being a former council member of the AICPA, serving on numerous committees, being a member in several professional associations, and being involved with various civic activities. He graduated magna cum laude from Hampton University with a Bachelor of Science degree in Accounting. He is a Certified Government Financial Manager and a CPA licensed in the states of Maryland, Virginia, Delaware, Pennsylvania, New York, New Jersey and the District of Columbia. Mr. Smith joined the board in July 2012.
Harold I. Steinberg
Mr. Steinberg has over 30 years’ experience serving government clients as a partner with KPMG. From 1973 to 1981, he was in charge of the firm’s practice with state and local governments. During that time, he was one of the organizers of the effort that led to publication of the Preferred Accounting Practices for state governments. From 1983 to 1991, Mr. Steinberg led KPMG’s federal practice. He retired from the firm in 1991 to become the first Deputy Controller of the Office of Federal Financial Management at the Office of Management and Budget. In that capacity, he served for two years as a member of FASAB and was instrumental in developing its first two concepts statements—Objectives of Federal Financial Reporting and Entity and Display. Since leaving OMB, he has made substantial contributions to financial reporting through his support for the Association of Government Accountants’ Certificate of Excellence in Accountability Reporting program for the federal government and Service Efforts and Accomplishments reporting program for state and local governments. He is a Certified Public Accountant and a Certified Government Financial Manager. He joined the Board July 1, 2007.