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Jeffrey D. Mechanick

Lecturer; Assistant Director for Nonpublic Entities, Financial Accounting Standards Board (FASB)

As Assistant Director for Nonpublic Entities at the Financial Accounting Standards Board (FASB), Jeff Mechanick provides strategic and technical oversight of all activities involving not-for-profit (NFP) organizations and private companies; chairs the FASB’s NFP Advisory Committee; oversees support of the FASB’s Private Company Council; and participates in some of the FASB’s broader outreach activities. He is also a member of the International Forum of Accounting Standards Setters’ Working Group on NFP Issues.

Prior to joining the FASB’s staff in 2006, Mechanick was Vice President for Business Support Services & Chief Financial Officer of Planned Parenthood Federation of America, Inc. (PPFA). A member of PPFA’s senior management team, he was responsible for all financial matters, including financial planning, budgeting, accounting and reporting, and cash and investment management. He was also responsible for all office facilities matters, including related debt financing.

Before joining PPFA, Mechanick was a senior audit manager with KPMG, LLP, in the Firm’s New York office, responsible for audit and other engagements of a wide array of clients in the NFP sector, as well as multinational and other public and private companies. He also served as the National Technical Senior Manager for the Firm's Higher Education, Research, and Other NFPs (HERON) practice.

After completing all coursework in Rutgers University’s MBA program in professional accounting, he sat for the November 1986 Uniform Certified Public Accountancy examination, on which he received an Elijah Watts Sells Award for high distinction (top 0.1%). He is a member of the New York State Society of Certified Public Accountants (CPAs) and the American Institute of CPAs and has served on the latter’s NFP Expert Panel.

Education

  • M.B.A., Rutgers University
  • A.B., University of Chicago