Monica R. Valentine is the Executive Director of the Federal Accounting Standards Advisory Board (FASAB). Ms. Valentine serves as the technical director and program administrator for FASAB. Technical activities include developing accounting standards for federal government departments and agencies as well as responding to inquiries regarding the application of accounting standards. Ms. Valentine also manages the research staff supporting Board deliberations.
Prior to her position as FASAB Executive Director, she served as a FASAB Assistant Director leading the Board’s staff work on the classified activities and lease accounting projects. She also worked on the accounting standards for liabilities and natural resources, as well as other related FASAB Interpretations, Technical Bulletins, and Technical Releases. She was also the lead staff member for the Accounting and Auditing Policy Committee (AAPC), a permanent committee of FASAB.
Prior to joining the FASAB staff in 1991, Ms. Valentine was an Audit Manager with the public accounting firm of KPMG. She served several different audit client industries while with KPMG, such as the banking, education, nonprofit, and local government industries. Ms. Valentine is a Certified Public Accountant in the District of Columbia and a Certified Government Financial Manager. Ms. Valentine graduated with honors from Howard University receiving a bachelor’s degree in business administration with a concentration in accounting. She is a member of the Association of Government Accountants.
Ms. Valentine is married and the mother of three grown children. She enjoys reading, exercising, and hand dancing with her husband.