Marcia Buchanan is the recently retired Assistant Director, Government Auditing Standards, in GAO's Financial Management and Assurance Team. She had responsibility for maintaining, interpreting, and promoting Government Auditing Standards, commonly known as the "yellow book," and served as a staff aide to the Advisory Council on Government Auditing Standards. She also participated for GAO with the International Organization of Supreme Audit Institutions’ Auditing Standards Committee and as an expert on proposed international auditing standards.
During her almost 40 year GAO career, Ms. Buchanan gained extensive audit experience on financial audits, and on performance audits of audit quality, single audit, and other issues. Ms. Buchanan worked on GAO’s audits on the single audit process as well as the use of single audit as an accountability mechanism for the Recovery Act. She received numerous awards, including GAO's Meritorious Service Award in 1983 and 1999, the Comptroller General’s Integrity Award in 2002 and 2006, GAO’s Distinguished Service Award in 2012, and the Association of Government Accountant's Achievement of the Year Award and Educator’s Award.
Ms. Buchanan has been a frequent speaker at professional conferences and training sessions on issues impacting government auditors and accountability professionals, as well as for CPA firms that conduct audits of government programs.
Ms. Buchanan graduated from Virginia Tech and attended the Federal Executive Institute. She is a Certified Public Accountant, a Certified Government Financial Manager, and a member of the American Institute of Certified Public Accountants, serving previously on the Government Performance and Accountability Committee, the Government Accounting and Auditing Committee, the Single Audit Working Group, and as an observer to several AICPA auditing standard task forces.