Background and Experience
¨ Substantial employment experience as an auditor of local government financial statements is required.
¨ A bachelor’s degree, from an accredited college or university, is required.
¨ Professional certifications or advanced degrees in accounting, business administration, public administration, or a related field are desirable, but not mandatory. A Certified Public Accountant credential is highly desirable but not mandatory.
¨ Active participation in related professional associations (for example, Government Finance Officers Association; Association of Government Accountants; Association of Local Government Auditors; American Institute of Certified Public Accountants) is desirable, but not mandatory.
The successful candidate will demonstrate:
¨ Knowledge of state and local government financial accounting and reporting. A candidate should have strong knowledge, and experience with, financial accounting and reporting for the state and local government entities included under the GASB’s jurisdiction, regardless of his or her background.
¨ Commitment to operate as an advocate for the public interest. A candidate should be free of conflicts of interest and should be an advocate for the public interest with the goal of producing the highest possible quality of standards that serve the current needs of users of governmental financial reports.
¨ High level of intellect applied with integrity and with discipline. The GASB deals with controversial, complex issues. High intelligence helps in absorbing a variety of complicated information and in understanding the pros and cons of the arguments advanced.
¨ Judicial temperament. This quality implies the ability to consider impartially the evidence on all the many sides of the issues, to call for additional evidence if that seems necessary, and then to reach a decision within a reasonable period. The heart of this quality is the habit of gathering all evidence, weighing the pros and cons of the arguments, and making timely decisions.
¨ Ability to work in a collegial atmosphere. The GASB is a collegial body, characterized by group decision making. Give-and-take is required among the decision makers to arrive at timely, workable solutions to problems.
¨ Communication skills. Board members should be able to communicate effectively in both oral and written form. Oral communication includes discussion in Board meetings, dialogue with fellow Board members and the technical staff, speeches, and other contacts with persons outside the GASB. Written communication includes internal memoranda, speeches, articles, and correspondence with stakeholders. All of these kinds of communication require thought, tact, and clarity of expression.
¨ Awareness of the state and local government financial reporting environment. The GASB deals with technical accounting issues, but its decisions must be made in the context of trends and events in the government and financial community and in the context of the needs of users of governmental financial reports. A member of the GASB should have a broad understanding of the environment in which government operates and the forces that impact that environment. Consideration will be given to a candidate’s understanding of the relationship between accounting and reporting standards and government operations, finance, and public accountability.
Commitment to the GASB’s mission. A candidate for membership on the GASB should be committed to the Board’s mission as described in its mission statement and to the hard work required to fulfill it. A candidate should understand the role of due process, the need for consensus-building in the promulgation of standards, and a commitment to the goals of the GASB’s strategic plan. The part-time GASB Board position is equivalent to one-third of a full-time position. The successful candidate must be able to commit to a meeting every six weeks typically held from Tuesday through Thursday (noon) in Norwalk, Connecticut. Significant preparation is required p