Joel Black, PIC of the audit practice at Atlanta-based Mauldin & Jenkins (FY19 net revenue of $52.5 million), has been named the chair of the Governmental Accounting Standards Board (GASB).
He will succeed David Vaudt on July 1, when Black’s seven-year, nonrenewable appointment takes effect. He will join GASB in a few months to facilitate a smooth transition.
Black has worked at Mauldin & Jenkins since 2004. Prior to that, he was an employee at KPMG for 12 years.
He oversees the audit practice of the firm’s eight offices throughout five states and also leads the firm’s government professional practice group, covering more than 400 public sector clients.
“He brings extensive knowledge and experience to the role and has genuine appreciation for the opportunities and challenges that our stakeholders face as accounting standards change,” says Kathleen Casey, Financial Accounting Foundation chair. The Financial Accounting Foundation oversees GASB and the Financial Accounting Standards Board (FASB).
“I have been immersed my entire adult life in the important, complex world of governmental accounting,” Black says. “I am eager to join my new colleagues in the mission to establish and improve accounting standards and to engage with the remarkably diverse group of stakeholders who care so much about public sector financial reporting.”