Government CPAs Honored


For the first time the winners of the Outstanding CPA in Government Award came from all three levels of government: federal, state and local. AICPA Board Chair Leslie Murphy gave out the 2006 awards at the AICPA’s 23rd annual National Governmental Accounting and Auditing Update Conference in August in Washington, D.C. The citation recognizes CPAs who have significantly contributed to the efficiency and effectiveness of government and to the growth and enhancement of the accounting profession.

Jeffrey Steinhoff, managing director for financial management and assurance, the GAO’s largest audit team, won the federal award. During his tenure, he was integral to the enactment of most major financial management legislative initiatives, most notably the landmark Chief Financial Officers (CFO) Act of 1990. In the past five years the initiatives he put into place resulted in more than $36 billion in financial benefits to American taxpayers.

Craig Watanabe, the state-level winner, is captive insurance administrator for the state of Hawaii. Watanabe was instrumental in passing the Captive Insurance Law of 1986, which resulted in Hawaii’s being recognized as one of the top 10 domiciles in the world for captive insurance.

Carla Sledge, winner at the local level, is chief financial officer of the Charter County of Wayne, Mich. In 2003 the county faced a $54 million dollar deficit as it struggled to recover from the national recession. In response Sledge developed a deficit plan to bring the budget into balance and strategies to strengthen and stabilize the county’s financial situation without increasing property taxes or reducing services to county residents.

SPONSORED REPORT

Revenue recognition: A complex effort

Implementing the new standard requires careful judgment. Learn how to make significant accounting judgments and document them and collaborate with peers for consistent application.

TECHNOLOGY Q&A

How to create maps in Excel 2016

Microsoft Excel 2016 has two new mapping capabilities. J. Carlton Collins, CPA, demonstrates how to make masterful 2D and 3D maps in Excel 2016.

QUIZ

News quiz: Economy and health care changes top CPAs’ list

CPA decision-makers’ economic outlook and the House Republicans’ proposed tax changes as part of replacing the Patient Protection and Affordable Care Act received attention recently. See how much you know with this short quiz.