Mr. Domenic Savini, CPA, CMA, CGMA, MSA

Assistant Director, Federal Accounting Standards Advisory Board

Mr. Savini began his career with the Defense Contract Audit Agency (DCAA) where he supervised both mobile and resident audit teams performing a host of compliance, operational and financial statement audits. While serving as a customer service liaison with both the Department of Transportation-Maritime Administration and Department of the Navy, Mr. Savini developed DCAA’s first-ever Maritime Audit Plan. As a result of his accomplishments, in 1998 he was selected for the prestigious Director’s Fellowship Program. Mr. Savini also worked for the Department of the Navy’s Military Sealift Command as a financial analyst and contract negotiator. In that capacity he was primarily responsible for financial management of the Navy’s multibillion dollar Maritime Pre-positioning Ship program. Mr. Savini served in several prominent positions with the Department of Housing and Urban Development’s (HUD) Real Estate Assessment Center (REAC). Notably, as Director of REAC’s Public Housing Authority (PHA) Finance Division, he directed the financial assessment and GAAP conversion of HUD’s 3200 Public Housing Agencies and was also responsible for developing nation-wide financial analysis training for both HUD and PHA staff. Immediately prior to joining FASAB, Mr. Savini held the prestigious position of Director of Finance & Administration with the Smithsonian Institution’s Sackler/Freer Galleries of Art. As a result of his accomplishments toward improved Smithsonian financial management and reporting, Mr. Savini’s financial reporting model was adopted by the Institution and served as the foundation for subsequent Board reporting.