Tuesday, August 22, 2006

AICPA Lauds Best of Accounting Bureaucrats

The American Institute of Certified Public Accountants tapped three accountants from the public sector as its Outstanding CPAs in government. Honorees included Jeffrey Steinhoff of the GAO (Managing Director of Financial Management and Assurance) who played a leading role in the Chief Financial Officers Act of 1990 and as been part of activities saving $36 billion over the last five years; Craig Watanabe, administrator of Hawaii's Captive Insurance program, which has more than tripled in size during the last 20 years and Carla Sledge, chief financial officer of Wayne County (think Detroit), MI who was able to reduce county spending by $50 million without raising property taxes or reducing services to the citizenry. The awards were recently made at the AICPA National Governmental Accounting and Auditing Update Conference in Washington, DC.

Congratulations to all winners on their accomplishments. Oh, that we can find more Steinhoffs and Sledges to keep government spending under control!

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