Steven P. Merriett (Steve) Deputy Associate Director and Chief Accountant Board of Governors of the Federal Reserve System Washington, DC Mr. Merriett is the Chief Accountant of the Federal Reserve Board's Division of Banking Supervision and Regulation. His principal responsibilities include advising the Federal Reserve Governors and senior Board staff on the implications of key accounting, auditing and reporting issues facing the banking industry. He is the senior Federal Reserve Board official responsible for the development of policy positions on domestic and international accounting, auditing, reporting, disclosure, and related internal control issues affecting the banking industry. In addition to his responsibilities as Chief Accountant, Steve oversees the Federal Reserve Board’s Policy Implementation Effectiveness and Regulatory Reporting functions. He also represents the Federal Reserve Board on various subgroups of the Basel Committee on Banking Supervision.
Prior to joining the Federal Reserve Board, Steve served as executive director for a community development corporation. Steve’s other experience includes participating in the accounting standard-setting process while working at the Financial Accounting Standards Board (FASB), and managing financial and IT audits while working at Ernst & Young, LLP. Steve is a CFA charterholder, a Certified Public Accountant and member of the AICPA as well as a Certified Information Systems Auditor.
He has a Bachelor of Science in Business Administration from The Ohio State University, June 1991, and a Master of Public Policy from the University of Chicago, June 2001.