DANNY WERFEL SELECTED AS OMB REPRESENTATIVE The Chairman of the Federal Accounting Standards Advisory Board (FASAB), David Mosso, announced today that the Office of Management and Budget (OMB) has selected Danny Werfel as the new OMB representative for FASAB. Mr. Werfel replaces outgoing OMB member David Zavada who left OMB in February for a new position with the Department of Homeland Security. Mr. Werfel began serving at the May 24 – 25 board meeting. Mr. Werfel is the Deputy Controller of Office of Federal Financial Management (OFFM) within OMB. He is responsible for coordinating OMB's efforts to initiate government-wide improvements in all areas of financial management. Mr. Werfel plays a leadership role in coordinating OMB review of agency efforts under the Financial Performance, Real Property, and Improper Payments initiatives of the President's Management Agenda. Mr. Werfel is also responsible for coordinating the development of government-wide policy on financial accounting standards, grants management, and financial systems. Prior to his current position, Mr. Werfel served as the Chief of the Financial Integrity and Analysis Branch within OMB, as a budget examiner in OMB's Education Branch, and as a policy analyst in OMB's Office of Information and Regulatory Affairs. Mr. Werfel also served as a Trial Attorney in the Department of Justice's Civil Rights Division. Mr. Werfel is a recipient of both local and national awards from the Association of Government Accountants for his contributions to federal financial management. Mr. Werfel holds a Masters Degree in Public Policy from Duke University, a Juris Doctor from the University of North Carolina at Chapel Hill, and a Bachelors Degree in Industrial and Labor Relations from Cornell University.