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Established to support NACUBO’s accounting guidance and advocacy efforts, the Accounting Principles Council (APC) consists of volunteer representatives from member institutions. The volunteers are accounting and finance professionals knowledgeable in matters such as financial accounting standards and external financial reporting (FASB and GASB), managerial accounting and reporting, and financial analysis. The APC serves as an advisory body to and is appointed by the President of NACUBO.

Members of the APC serve on various project teams and standing committees, including: Following activities of the Financial Accounting Standards Board and Governmental Accounting Standards Board; Financial Reporting Inconsistencies; Managerial Accounting, Analysis, and Decision Support.

Past and notable projects include: Higher Education's Blank Slate Reporting Project; Endowment Accounting Issues; Financial Responsibility and the Department of Education, GASB/FASB Differences; Sarbanes-Oxley Guidance; Preparing for an Audit; Developing an Operating Measure for Independent Institutions; Benchmarking; Interim Financial Reporting; GASB/NASACT Committee; and Audit Issues.


Council Members

Dr. Russ Hannah, Chair
Associate Vice Chancellor for Business and Finance
Arkansas State University

Sharon Heinle, Vice Chair
Associate Vice President & Comptroller
The George Washington University, NACUBO representative – AICPA NFP Panel

Matthew Brewer, Past Chair
California Institute of Technology

Ms. Terri Albertson
Haverford College

Mr. John Horn
University of Pennsylvania

Mr. James Ponce (ACUA)
Director, Internal Audit
Wake Forest University

Mr. Jason Schroeder
Senior Manager, Accounting Standards & Theory
Notre Dame University

Ms. Kerri Tricarico
University Controller and AVP Financial Operations
New York University

Ms. Kelli Hudson Perry
Assistant Vice President for Finance and Controller
Rensselaer Polytechnic Institute

Mr. Tom Ewing
Associate Controller and Director, Financial Reporting.
The Ohio State University

Dr. Mary L. Fischer (AAA)
Professor of Accounting
University of Texas at Tyler

Ms. Anita Kovacs
Associate Vice President, Finance
Florida State College at Jacksonville

Mr. Robert Kuehler
Associate Vice President and University Controller
University of Colorado

Mr. Chris Leach
Associate Vice President for Financial Services & Controller
Texas A&M University - San Antonio

Ms. Dana Malone
Assistant Controller
University of Texas System

Ms. Ruth Satorre
Director of Corporate Accounting
University of California System


Technical Advisor

Mr. Charles Tegen
Associate Vice President for Finance
Clemson University


GASB Project Liaison

Ms. Mary Wheeler
FARM author and Project Consultant


NACUBO Staff Liaison

Susan Menditto
Senior Director, Accounting Policy


Sue Menditto

Senior Director, Accounting Policy


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