Mary Foelster

CPA CGMA
Director, Governmental Auditing and Accounting
AICPA
Washington
District of Columbia

Session ID:

Mary Foelster is a Director at the American Institute of Certified Public Accountants (AICPA) in Washington, DC, where her primary responsibility is to address governmental auditing and accounting matters, including compliance audits. Mary oversees the AICPA’s Governmental Audit Quality Center (GAQC) and its Executive Committee and is actively involved in the AICPA’s efforts to enhance the quality of single audits and other types of governmental audits. She also directs the AICPA’s governmental accounting efforts, including the activities of the AICPA State and Local Government Expert Panel, related interactions with the Governmental Accounting Standards Board (GASB), and commenting on GASB due process documents. Mary is also responsible for monitoring and analyzing federal regulatory and legislative developments affecting auditing or accounting in a governmental or compliance audit environment. Mary and her team help members understand the implications of standards and regulation on governmental audits. This includes significant involvement with the development, issuance, and annual update process for the Audit and Accounting Guide, Audits of State and Local Governments, and the AICPA Audit Guide, Government Auditing Standards and Circular A-133 Audits. Mary has been with the AICPA for over twenty years. She is a graduate of the University of Maryland and is a certified public accountant.