Marc A Siegel

On October 20, 2008, Marc A. Siegel was appointed to a five-year term with the Financial Accounting Standards Board (FASB). In this role, he brings an investor perspective to the 7-member Board that establishes U.S. generally accepted accounting standards for private-sector entities, including businesses and not-for-profit organizations. A recognized expert in forensic accounting, Mr. Siegel has 17 years of experience in diverse and global industries that include technology, media, telecommunications, healthcare, retail, and insurance. Prior to his appointment to the FASB, he led the Accounting Research and Analysis team at the RiskMetrics Group in Rockville, Maryland. Previously, Mr. Siegel was the director of research at the Center for Financial Research & Analysis (CFRA), prior to the firm’s acquisition by RiskMetrics Group. In this capacity, he was responsible for CFRA’s proprietary research methodology for identifying hidden risks of business deterioration through forensic financial statement analysis, leading a team of twenty five analysts in North America and Europe. He joined CFRA in 2001, after spending ten years at Arthur Andersen LLP as both an auditor and a financial consultant focusing on litigation support. Mr. Siegel is a member of the New York State Society of CPAs (NYSSCPA), and on the faculty of the Washington, DC Bar Association/George Washington University Law School. Mr. Siegel was appointed to the FASB Investor Technical Advisory Committee (ITAC) in January 2007, and served as a frequent guest on CNBC and other financial TV programs, often speaking on various accounting issues in the news. He is the author of numerous articles on topics of interest in accounting. Mr. Siegel graduated Magna Cum Laude from the Wharton School of Business with a B.S. in economics in 1991. His first term with the FASB extends until June 30, 2013.