David Evangelista, CPA, a nationally-known employee benefit plans advisor and auditor, was recently elected president of the Foundation for Accounting Education’s (FAE) Board of Trustees. Evangelista is a principal at MSPC Certified Public Accountants and Advisors, P.C., with offices in New York and New Jersey. His one-year term as FAE president began June 1.
Established in 1972, the FAE is a 501 (c)(3) organization that operates the continuing professional education (CPE) programs for the New York State Society of CPAs (NYSSCPA), the nation’s first and one of its largest associations for certified public accountants. FAE offers a variety of online and on-site learning seminars and conferences in addition to monthly technical sessions.
The Foundation’s 12 trustees typically meet four times a year, approve the annual operating budget, set the education-policy directives and oversee the Moynihan Fund, which awards scholarships for college students. The Moynihan Fund also provides funding for the Career Opportunities in the Accounting Profession program, a unique learning experience developed to expose promising underrepresented minority high school students to accounting and business careers. Evangelista, a 1984 graduate – with a Bachelor of Science degree in Economics, concentration in Accounting – from The Wharton School of the University of Pennsylvania, has more than 30 years’ experience advising and auditing ERISA (Employee Retirement Income Security Act) benefit plans.
He joined MSPC as a principal in January 2008, where his responsibilities include management and supervision of audit, accounting and tax clients in the public and private sector, including Employee Benefit Plans, Labor Unions, Non-Profit Organizations, Individuals, Corporations and Partnerships. Mr. Evangelista also leads MSPC’s Litigation Support, Forensic & Fraud practice.
After a 2008 appointment by former U.S. Secretary of Labor Elaine L. Chao during President George W. Bush’s administration, Evangelista served three years on the DOL’s Advisory Council on Employee Welfare and Pension Benefit Plans, also known as the ERISA Advisory Council.
Since joining the New York State Society of CPAs in 1988, he has served the organization in a number of different positions, including as a trustee for its CPA Political Action Committee and as a vice president and member on the Society’s Board of Directors.
He is the founder and first president of the NYSSCPA’s Rockland County Chapter, and has worked with other Society members on a number of additional committees including Finance, Nominating, and Public School Accounting and Auditing.
Evangelista is also a member of the New Jersey Society of Certified Public Accountants (NJSCPA), American Institute of Certified Public Accountants (AICPA), where he served a four-year appointment to the Executive Committee of the AICPA Employee Benefit Plan (EBP) Audit Quality Center, established by the AICPA to improve the overall quality of Employee Benefit Plan audits, and the International Foundation of Employee Benefit Plans (IFEBP), where he currently serves as an advisory director to its Board of Directors and has held numerous other leadership positions related to his expertise.
He resides in Stony Point, N.Y. with his wife, Margret Jonsson Evangelista, an attorney in private practice, and their two children.