Dr. Terry Patton began serving as chair in April 2026, after nearly seven years of service as a nonfederal member. Dr. Patton is professor emeritus at Midwestern State University in Wichita Falls, Texas (MSU Texas), where he taught financial accounting, auditing, and governmental accounting for 18 years. He also previously served as chair of the accounting, MIS, and legal studies department and dean at the Dillard College of Business Administration at MSU Texas.

Dr. Patton has co-authored three governmental and nonprofit accounting textbooks, including Accounting for Governmental and Nonprofit Organizations (Cambridge Business Publishers); and was co-author on PPC’s Guide to Governmental Financial Reporting Model: Implementing GASBS No. 34. Previously, Dr. Patton was the Research Manager at the Governmental Accounting Standards Board (GASB). He has served on numerous boards as well as the Governmental Accounting Standards Advisory Council. Dr. Patton received a doctor of philosophy from Texas Tech University as well as a master of science from the University of North Texas and a bachelor of business administration from MSU Texas. He is a Certified Public Accountant (Texas) and a Certified Government Financial Manager. He joined the Board on July 1, 2019.

Mr. Bell is currently a Senior Staff Accountant in the Department of the Treasury’s Office of the Fiscal Assistant Secretary, where he is among the team leads responsible for preparing the Financial Report of the U.S. Government and the related Citizen’s Guide, and is a featured speaker on the financial position and condition of the Federal Government.

Mr. Bell’s career in Federal financial management and policy spans more than 25 years in both the public and private sectors, including positions with the Office of Management and Budget, the Department of Health and Human Services, and the Small Business Administration. Mr. Bell, an MBA and Certified Government Financial Manager (CGFM), has served as the president of the Washington, DC Chapter, Vice President of the Capital Region, and Senior Vice President for the Association of Government Accountants. He earned a B.S. in Accounting from Washington and Lee University and an MBA from George Mason University. He joined the Board on October 1, 2017.

Eric S. Berman, MSA, CPA, has over 30 years of governmental accounting and auditing experience. He is a retired Government Advisory Services Partner from Eide Bailly LLP. Before Eide Bailly LLP, he was a quality control principal with a public accounting firm in California.

Mr. Berman is the author of the Governmental Library for preparers for CCH including the Governmental GAAP Update Service, and the annually updated Governmental GAAP Guide and the Governmental GAAP Practice and Disclosures Manual.

Mr. Berman’s public-sector experience includes his current work performing a post-retiree project for the Commonwealth of Massachusetts Office of the State Comptroller. He previously served as a Deputy Comptroller for the Commonwealth from 1999 to 2010, and the Chief Financial Officer of the Massachusetts Water Pollution Abatement Trust from 1994 to 1999. Mr. Berman is a licensed CPA in Massachusetts.

He obtained an M.S. in Accountancy from Bentley University. Mr. Berman is also a past National Treasurer of the Association of Government Accountants (AGA). He also served on or led many of AGA’s committees throughout his career. Mr. Berman also represented the AGA serving as the Vice Chairman of the Government Accounting Standards Advisory Council to the GASB. He also has served on GASB task forces and working groups.

Mr. Berman was a previous chair of the American Institute of Certified Public Accountants (AICPA’s) Governmental Performance and Accountability Committee and was a former member of the AICPA’s State and Local Government Expert Panel. He joined the Board in April 2026.

Mr. Dacey is currently Chief Accountant for the Government Accountability Office (GAO). Mr. Dacey has provided leadership for significant GAO efforts in financial accounting and auditing, as well as in information security, homeland security, and other information technology areas. He served as Director of the consolidated financial statement audit for the initial three audits of the U.S. government’s financial statements. He also led GAO’s initial financial audit efforts at the Department of Health and Human Services and the Internal Revenue Service, and the development of comprehensive audit manuals for financial auditing and information security as well as related training.

Mr. Dacey previously served as a member of the AICPA’s Auditing Standards Board (ASB), the International Public Sector Accounting Standards Board (IPSASB), and the FASAB Accounting and Auditing Policy Committee; and as Chair of the AGA’s CEAR Board. In addition, Mr. Dacey’s long-term leadership in GAO’s information security audit efforts has resulted in numerous result-oriented reports and testimonies, including (1) addressing information security challenges in federal agencies and corporations, (2) assessing emerging information security issues, and (3) evaluating the federal government’s efforts to protect our nation’s private and public critical infrastructure from cyberthreats. Prior to joining GAO, Mr. Dacey was a senior manager with Deloitte & Touche and served as divisional business manager and controller for an international corporation.

Mr. Dacey is a Certified Public Accountant and Certified Government Financial Manager. He received a B.B.A., magna cum laude, from the University of Cincinnati and a J.D. from the George Mason University School of Law. He joined the Board on August 1, 2004.

Ms. Dudley is a retired KPMG LLP partner and was the partner-in-charge of KPMG’s Federal Audit practice in the Washington, DC office for more than 17 years. During her 40-year public accounting career, she primarily focused on performing audit, accounting, and advisory services for government agencies. She served as the audit partner on the initial audits of many federal agencies in the 1990s and grew KPMG’s federal audit practice to over 400 professionals. She served as the overall engagement or quality control review partner for more than 20 cabinet-level and component federal agency financial statement audits. In addition to her extensive federal experience, Ms. Dudley managed the audits of numerous large state and local governments and commercial companies.

After retiring, Ms. Dudley continues to support the federal financial management community as an independent consultant with AGA and Management Concepts Inc., serving as a federal accounting subject matter expert. She is currently the overall Lead Reviewer for the AGA Certificate of Excellence in Accountability Reporting (CEAR) program and is a frequent guest lecturer at the University of Central Missouri on accounting, auditing, and leadership topics.

Ms. Dudley graduated summa cum laude with a Bachelor of Science in Business Administration degree, majoring in accounting, from the University of Central Missouri, and recently received a Master of Business Administration degree with an emphasis in Finance. She is a licensed Certified Public Accountant and a Certified Government Finance Manager. She joined the Board in July 2024.

Dr. Morehead is currently a Professor of Accountancy, Director of Graduate Accounting, and Director of the Center for Faith, Service, and Ethics at Mississippi College in Clinton, MS. Billy teaches undergraduate and graduate accounting students in accounting systems, data analytics, fraud examination, and governmental accounting. He also teaches higher education finance. Billy is a frequent speaker on leadership, fraud, and internal controls.

Dr. Morehead’s career in state government and higher education spans 40 years, encompassing audit, finance, and academic positions in the State of Mississippi, including the State Auditor’s Office, Department of Finance and Administration, Department of Mental Health, Delta State University, and Mississippi College. Dr. Morehead is a Certified Public Accountant (CPA), Certified Government Financial Manager (CGFM), and a Chartered Global Management Accountant (CGMA). He is a 40-year member of the Association of Government Accountants (AGA), where he has served in numerous and various leadership positions at the chapter, regional, and national levels, including National Treasurer and National President.

Dr. Morehead has a Bachelor of Business Administration in Accounting from Delta State University, a Master of Accountancy from Millsaps College, a Master of Arts in Discipleship from New Orleans Baptist Theological Seminary, and a Ph.D. in International Development from the University of Southern Mississippi. He joined the Board in April 2026.

Mr. Vaudt is a CPA who began his career with KPMG in 1976 and served as an audit partner until his retirement in 2001 to seek elective office as Iowa’s Auditor of State. He was elected Auditor of State three times (2002, 2006, and 2010) and resigned his elected position in 2013 upon his appointment as Chairman of the Governmental Accounting Standards Board in Norwalk, Connecticut for a seven-year term which ended on June 30, 2020.

In July 2020, Mr. Vaudt was elected to the Board of Directors of Wellmark Blue Cross and Blue Shield, the dominant health insurer in Iowa and South Dakota with more than two million members, and currently serves as the Audit Committee Chair. In 2021, he was appointed to the AICPA Board of Examiners and elected to the Board of Trustees of Upper Iowa University.

Mr. Vaudt has served on the boards of numerous professional associations, including the National Association of State Boards of Accountancy (also serving as Chair), the National State Auditors Association (also serving as Chair), and the CPA Examination Review Board. He has also served on the boards of several civic organizations, including the Better Business Bureau of Iowa (also serving as Chair), Iowa Homeless Youth Centers (also serving as Chair), the Young Women’s Resource Center, the Morris Scholarship Fund (also serving as Chair), the Walnut Creek Family YMCA, the Des Moines Public Schools Audit Committee, and the Iowa Supreme Court Client Security and Attorney Disciplinary Commission. He joined the Board in January 2025.