AGA PDT 2026

Terry Patton
Chair
FASAB


Terry Patton began serving as chair of FASAB in April 2026, after nearly seven years of service as a nonfederal member. He 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 began his accounting career auditing local governments for a large local firm in north Texas. 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.

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