2015 Outstanding CPA in Government Career Contribution Award Winner, Wendy M. Payne, CPA, CGFM 


Wendy M. Payne is the Executive Director of the Federal Accounting Standards Advisory Board (FASAB). She manages the research staff supporting Board deliberations and chairs the Accounting and Auditing Policy Committee of the FASAB.

Prior to joining the FASAB staff in 1991, Mrs. Payne worked in the utility field. Her experience includes consumer advocacy and corporate financial planning. She served as an auditor, expert witness, and financial forecaster.

Mrs. Payne graduated with distinction from the University of Virginia with a Bachelor of Science degree in Commerce. She received a Masters in Public Administration from George Mason University. She is a member of the Association of Government Accountants, the American Institute of Certified Public Accountants, and the American Society for Public Administration.

Wendy continues to be a major driving force in improving and advancing the federal government's financial reporting, and is one of the nation’s foremost federal accounting experts. She is being recognized for her career contributions and most recently her successful direction of FASAB in a highly complex and controversial Reporting Entity project in December 2014. Her exemplary leadership as evidenced by her professionalism, even-handed composure and approach, technical competence, and public policy expertise helped achieve consensus in light of a board member dissent and potential U.S. Constitutional legal challenge. Moreover, she ensured congruence between strategic and tactical objectives that ensured highly effective staff direction and guidance.



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