Sessions
Public Audits vs. Private Industry; Why it is so important to audit public tax dollars
10:10 AM - 10:35 AM Wed
K. Wayne Cushing, C.P.A.
Salt Lake County Treasurer
2001 S. State Street Suite N1-200, SLC UT 84114 (385)468-8305
Elected official responsible for the billing and collecting of over $1.5 Billion of real property taxes and the subsequent investment and distribution of those funds to the various entities throughout the County. Elected in 2010,2014 and 2020 with current term expiring the end of 2024. Also responsible for the administration of statutory tax relief programs, and the banking, investment and cash management of all County funds. Member of various committees including Debt Review, Countywide Steering and Revenue Committee. Currently a member of the Utah State Money Management Council.
PREVIOUS PROFESSIONAL EXPERIENCE
Superior Air Handling Corporation Clearfield, Utah 1996 to 2009
Executive Vice President/CFO responsible for all internal and external financial reporting. Responsible for monthly job evaluations and corresponding job profitability projections, including evaluation of efficiencies of HVAC duct manufactured in 120,000 square foot shop facility. Responsible for financial and cash flow projections. Managed the real estate ownership for a sister corporation including financial statement preparation and tenant relations. Responsible for attorney, banking and bonding relationships. Member of the Board of Directors.
Great Western Leasing – Redwood Associates, Inc. S.L.C., Utah 1990 to1996
Vice President/CFO responsible for all internal and external financial reporting. Responsible for financial and cash flow projections.
Deseret Savings & Loan Association S.L.C., Utah 1987-1990
Financial Analyst/Controller and CFO responsible for all internal and external financial reporting. Responsible for financial and cash flow projections.
Grant Thornton C.P.A. Firm S.L.C., Utah 1979-1987
Audit Manager responsible for organizing and managing the annual audits for a wide variety of companies and governmental entities.
EDUCATION
University of Utah, Salt Lake City, UT
MS – Professional Accountancy, 1978-1979
University of Utah, Salt Lake City, UT
BS – Accounting, Cum Laude, 1973-1978
PROFESSIONAL ASSOCIATIONS AND AFFLIATIONS
Utah Association of Certified Public Accountants
Member Since 1980(Passed CPA Exam at first sitting)
Former Adjunct Professor of Accounting for Salt Lake Community College and Strayer University (Since 2010)