Sheila Weinberg

Sheila Weinberg

Sheila A. Weinberg, CPA, is the founder and CEO of Truth in Accounting, whose mission is to compel governments to produce financial reports that are understandable, reliable, transparent, and correct. Since 2002, Ms. Weinberg has led Truth in Accounting's research initiatives, which include "The Truth about Balanced Budgets: 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 testified before the Federal Accounting Standards Advisory Board(FASAB), the Government Accounting Standards Board, and numerous state legislative hearings on matters of proper government accounting. 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 (CPA) 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 University of Denver's School of Accountancy Advisory Board, and is a member of the Union League Club of Chicago's Public Affairs Committee. Ms. Weinberg also sits on the Consultative Advisory Group for the International Public Sector Accounting Standards Board. She has served as an independent legislative adviser to members of Congress on federal budgeting and accounting issues. She was also a member of the Comeback America Initiative Advisory Council, the Academy of Government Accountability Advisory Council, and two FASAB Task Forces. Her commentary on the federal budget, Social Security, Medicare, and other national issues has 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.