Financial Accounting Foundation Trustees Name New GASAC Members

The Board of Trustees of the Financial Accounting Foundation (FAF) announced the appointment of Scott DeViney, Doug Kilcommons, Anita Kovacs, Suzanne Lowensohn, Harriet Richardson, and Bob Scott to the Governmental Accounting Standards Advisory Council (GASAC). All appointees’ terms began January 1, 2022.

In addition to the six newly named members, the FAF reappointed seven members—Thad Calabrese, Karen Carraher, Joni Davis, Ricky Hatch, Angus Maciver, Kevin Smith, and Karen Wiesman for an additional term.

The GASAC advises the Governmental Accounting Standards Board (GASB) on strategic and technical issues, project priorities, and other matters that affect standards setting. Members of the GASAC are responsible for consulting with the GASB on technical issues on the Board’s agenda, project priorities, matters likely to require the attention of the GASB, and such other matters as may be requested by the GASB or its chair.

“On behalf of the FAF Board of Trustees, it is a pleasure to welcome our new GASAC members, who will play an important role, providing the GASB with diverse and varied perspectives on projects and other agenda items,” said Kathleen L. Casey, chair of the FAF Board of Trustees. “We would also like to thank the departing members for their time, expertise, and contributions to the standards-setting process,” added Ms. Casey. The new GASAC members will serve a two-year term and are eligible to be reappointed for up to two additional consecutive terms. They are:

Scott DeViney, Assistant Director of Quality Assurance, Washington State Auditor’s Office
Doug Kilcommons, Managing Director, Public Finance, Kroll Bond Rating Agency
Anita Kovacs, Vice President of Business Affairs, Pensacola State College
Suzanne Lowensohn, Associate Professor, University of Vermont, Grossman School of Business
Harriet Richardson, Inspector General, San Francisco Bay Area Rapid Transit
Bob Scott, Assistant City Manager/Chief Financial Officer, City of Carrollton, Texas.

Members being reappointed to an additional two-year team are:

Thad Calabrese, Associate Professor, Robert F. Wagner Graduate School of Public Service, New York University
Karen Carraher, Executive Director, Ohio Public Employees Retirement System
Joni Davis, Accounting Manager, Nebraska Public Power District
Ricky Hatch, County Clerk/Auditor, Weber County, Utah
Angus Maciver, Legislative Auditor, State of Montana
Kevin Smith, Managing Partner, Public Sector Services, Crowe
Karen Wiesman, Associate Superintendent, Business and Financial Services, Mansfield Independent School District, Texas (retired).

Five members departed from GASAC on December 31, 2021: Robert Scott, Director, Finance, City of Brookfield, WI and GASAC Chair; Peggy Arrivas, Associate Vice President and Systemwide Controller, University of California (retired); Paul Kwiatkoski, Managing Director, Public Finance Sector, Kroll Bond Rating Agency; Craig Murray, Director of Professional Practice, Michigan Office of the Auditor General; and Terry Patton, Robert Madera Distinguished Professor of Accounting, Dillard College of Business Administration, Midwestern State University. An additional member, Lise Valentine, former Deputy Inspector General for Audit and Program Review, city of Chicago, and GASAC vice chair, departed earlier this year. For a complete list of current GASAC members, visit the GASAC webpage.