Article

GASB Task Force to Review Financial Reporting by Native American Tribes

October 15, 2018

The Governmental Accounting Standards Board (“GASB”) has formed a task force responsible for examining financial reporting options for Native American tribes. Several tribes rely on the GASB’s guidance regarding any issues they come across.

Task force members were chosen due to their knowledge of tribal accounting. Members of the task force are as follows:

  • Heather Acker, Baker Tilly Virchow Krause LLP partner
  • Lacey Horn, Cherokee Nation treasurer
  • Christopher Lee, Key Bank vice president—head of government credit
  • Paul Mansour, Conning Holdings Ltd. managing director and head of municipal research
  • Hattie Mitchell, Native American insurance company AMERIND Risk director of finance and Prairie Band of Potawatomi Nation member
  • Clark Partridge, Arizona General Accounting Office state comptroller
  • Jacqueline Reck, University of South Florida professor and associate dean
  • Tasha Repp, Moss Adams LLP national practice leader tribal and gaming and Samish Indian Nation member
  • Alan Skelton, Georgia State Accounting Office state accounting officer

These members will join Financial Accounting Standards Board chairman Russell Golden, Federal Accounting Standards Advisory Board chairman Scott Showalter, and American Institute of Certified Public Accountants director of governmental auditing and accounting Mary Foelster, who are ex-officio task force members.