The Financial Accounting Foundation’s board of trustees has appointed David Sundstrom, auditor-controller for Orange County, Calif., to the Governmental Accounting Standards Board.

Immediately after Orange County’s bankruptcy in 1995, Sundstrom joined the county as its director of internal audit and helped lead the county’s recovery. He was then elected as the county auditor-controller in June 1998.

He was university auditor for the California State University System from 1989 to 1996, and was campus audit manager for the University of California-Davis from 1980 to 1989. He is also a member of numerous professional and community organizations, including the California State Society of CPAs, the American Institute of CPAs, and the Government Finance Officers Association.

Sundstrom begins his term on the GASB effective July 1, 2009, when he will become one of six part-time members serving on the seven-member board. His term extends until June 30, 2014.  He succeeds Richard C. Tracy, the retired director of audits for the City of Portland, Oregon, who concludes his second term on the GASB on June 30.

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