Institute Recognizes Outstanding CPAs in Government

Jeanette Franzel, managing director for financial management and assurance for the U.S. Government Accountability Office; Pamela Sharp, director of the Office of Management and Budget for North Dakota; and John McCormac, mayor of Woodbridge Township in New Jersey, received the AICPA’s Outstanding CPA in Government Awards.

The awards recognize CPAs working in federal, state and local government who have contributed significantly to increased efficiency and effectiveness of government organizations and to the growth and enhancement of the profession.

Franzel oversees financial audits of federal agencies and programs. Under her leadership, the federal government saved more than $9 billion in fiscal year 2010, according to the nomination letter from U.S. Comptroller General Gene L. Dodaro. Franzel oversees the GAO’s Government Auditing Standards (“The Yellow Book”) and has served as chair of the AICPA’s Government Performance and Accountability Committee.

Sharp built a foundation of fiscal strength that helped North Dakota’s bond ratings improve. Her focus on controlling state spending and debt, providing tax relief, building reserves and better managing government helped the state’s solid financial performance during the recent economic downturn, according to her nomination letter from Gov. Jack Dalrymple.

McCormac helped improve efficiency and effectiveness by introducing “shared services.” During his tenure, Woodbridge Township was named “Sustainability Champion” by Sustainable Jersey because of its environmentally friendly policies and procedures. McCormac also formed an audit committee for the township and made the budget, debt statement and annual audit available online, according to the nomination letter by Ralph Albert Thomas, executive director of the New Jersey Society of Certified Public Accountants.

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