Jeffery D. Mechanick, CPA, M.B.A.
Jeffrey D. Mechanick, CPA, M.B.A., is an assistant director at the Financial Accounting Standards Board (FASB), where he provides strategic and technical oversight of all activities involving nonpublic entities (private companies and not-for-profit organizations (NPOs)), chairs the FASB’s Not-for-Profit Advisory Committee, and participates in some of the FASB’s broader outreach activities. He has also been the lead staff person for the AICPA/FAF/NASBA Blue-Ribbon Panel on Standard Setting for Private Companies and the FASB/IASB Financial Crisis Advisory Group. Since joining the FASB in 2006, Mr. Mechanick has worked extensively on behalf of the not-for-profit sector and, more recently, the private company sector. Among his work, he has managed the FASB Staff Position (FSP) project on Not-for-Profit Endowments and UPMIFA (FSP FAS 117-1); been a core team member on the project on Mergers & Acquisitions by NPOs (Statement 164); and consulted on many other projects, including Fair Value Measurements (FAS 157) and Postretirement Benefit Obligations (FAS 158). He has also spoken at numerous conferences sponsored by the AICPA, the National Association of College and University Business Officers, the Healthcare Financial Management Association, many state CPA societies, and various other organizations. Prior to joining the FASB, Mr. Mechanick spent a combined 20 years working in and with the not-for-profit sector, as the chief financial officer of Planned Parenthood Federation of America, Inc., and before that, as a senior audit manager with KPMG, LLP. Mr. Mechanick earned a bachelor’s of arts degree in biological sciences from The University of Chicago and an MBA in professional accounting from Rutgers – The State University of New Jersey. He is a member of the AICPA and the New York State Society of CPAs, and has served on the AICPA’s NPO Expert Panel.