Sheila A. Weinberg, CPA, is the founder and CEO of the Institute for Truth in Accounting. The Institute's mission is to compel, in a nonpartisan manner, governmental entities to produce financial reports that are understandable, reliable, transparent and correct.
Since 2002 Ms. Weinberg has led the Institute's research initiative which includes the "The Truth about Balanced Budget: a Fifty State Study", the "Financial State of the States" and the "Financial State of the Union". Because of her expertise in governmental budgeting and accounting Ms. Weinberg has been requested to testify before the Federal Accounting Standards Advisory Board (FASAB), the Government Accounting Standards Board and numerous state legislative hearings.
Ms.Weinberg earned her Bachelor of Accounting degree from the University of Denver, which she attended on an academic scholarship. She received her certified public accountant credential in 1981. Ms. Weinberg was active in the Concord Coalition from its inception in 1992 and was honored in 1998 with their Outstanding Volunteer Award.
Ms.Weinberg is a member of the Association of Government Accountants' Financial Management Standards Board, the Comeback America Initiative Advisory Council and the University of Denver's School of Accountancy Advisory Board. She has served as an independent legislative advisor to members of Congress on Federal budgeting and accounting issues. She was also a member of the Academy of Government Accountability Advisory Council and two FASAB Task Forces. Her editorials about the Federal budget, Social Security, Medicare and other national issues have appeared repeatedly in numerous publications, including USA Today, Chicago Tribune and Chicago Sun-Times. She has been a guest on local and national television, and radio shows and is often engaged to speak on Federal and State budget and accounting issues.