2011

Press Release


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Contact(s):

William Roberts
202-434-9266
wroberts@aicpa.org  

AICPA Names Three CPAs Recipients of 2011 "Outstanding CPA in Government" Awards 

Nominees from Washington, D.C., North Dakota and New Jersey are Winners 
Published August 24, 2011

Washington, D.C. (Aug. 22, 2011) -- The 2011 recipients of the American Institute of Certified Public Accountants (AICPA) “Outstanding CPA in Government” awards are Jeanette Franzel, CPA, of Washington, D.C., Pamela Sharp, CPA, of Bismarck, North Dakota, and John McCormac, CPA, of Woodbridge Township, N.J.

The awards were announced today at the AICPA’s 28th annual National Governmental Accounting and Auditing Update Conference.  Ernest Almonte, CPA, past AICPA chairman and former auditor general of Rhode Island presented the 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 CPA profession. Franzel received the federal government award, Sharp the state award and McCormac the local award.

“Through their vision, dedication and commitment to leadership, the 2011 award winners consistently raise the bar within our profession,” Almonte said. “They are, in fact, the cream of the crop."

 

As managing director for financial management and assurance at the U.S. Government Accountability Office, Franzel oversees financial audits of some of the largest, most complex, and sensitive federal agencies and programs. Under her leadership, the federal government saved $9.3 billion in fiscal year 2010. Franzel oversees the development of the GAO’s widely used Government Auditing Standards – “The Yellow Book” – a model for the private sector and other governments around the world. Franzel is a member of the AICPA and served as chair of the AICPA’s Government Performance and Accountability Committee. She is also a member of the Association of Government Accountants and the Institute of Internal Auditors.

 

Sharp, director of the Office of Management and Budget for the State of North Dakota, built a foundation of fiscal strength that has enabled the state’s bond ratings to improve. Sharp is a member of the cabinet of the governor of North Dakota.  Her focus in controlling state spending and debt, providing tax relief, building reserves and better managing government was critical to North Dakota’s solid financial performance during the recent economic downturn. Sharp is a member of the American Institute of CPAs, the North Dakota Society of CPAs, the National Association of State Budget Officers (NASBO), and the National  Association of State Auditors, Comptrollers, and Treasurers (NASACT).

 

McCormac is the mayor of Woodbridge Township in New Jersey. During his tenure, McCormac introduced “shared services” and in the process made Woodbridge Township a statewide leader of efficiency and effectiveness in New Jersey local government. Under McCormac’s direction, Woodbridge Township was named the “Sustainability Champion” by Sustainable New Jersey because of its environmentally friendly policies and procedures. McCormac formed an audit committee for the township and put the budget, debt statement and annual audit online so that it was accessible to all.  McCormac is a member of the New Jersey Society of CPAs.

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