David E. Sundstrom, auditor-controller of Orange County, Calif., is the newest member of the GASB board. The Financial Accounting Foundation (FAF) Board of Trustees appointed Sundstrom to a five-year term on the seven-member board.


Sundstrom’s term began July 1 and runs until June 30, 2014. He succeeds Richard C. Tracy, whose 10 years of service with GASB ended June 30.


Sundstrom joined Orange County as its director of internal audit and helped lead the recovery after the county’s 1995 bankruptcy. He was elected auditor-controller in June 1998. He was university auditor for the California State University System from 1989 to 1996, and was campus audit manager for the University of California-Davis from 1980 to 1989. He is a member of numerous professional and community organizations, including the AICPA, the California State Society of Certified Public Accountants, and the Government Finance Officers Association.



Year-end tax planning and what’s new for 2016

Practitioners need to consider several tax planning opportunities to review with their clients before the end of the year. This report offers strategies for individuals and businesses, as well as recent federal tax law changes affecting this year’s tax returns.


News quiz: Retirement planning, tax practice, and fraud risk

Recent reports focused on a survey that gauges the worries about retirement among CPA financial planners’ clients, a suit that affects tax practitioners, and a guide that offers advice on fraud risk. See how much you know with this short quiz.


Bolster your data defenses

As you weather the dog days of summer, it’s a good time to make sure your cybersecurity structure can stand up to the heat of external and internal threats. Here are six steps to help shore up your systems.