Jack T. Ciesielski is the owner of R.G. Associates, Inc., an investment research and portfolio management firm located in Baltimore. Mr. Ciesielski is the publisher of The Analyst's Accounting Observer, which is an accounting advisory service for security analysts.
He has been a CPA since 1978, and held the CFA designation since 1988. Before founding R.G. Associates in 1992, he spent nearly seven years as a security analyst with the Legg Mason Value Trust. Prior to that, he had performed various stints in the accounting profession as an auditor with Coopers & Lybrand, as an internal auditor with Black & Decker, and as an educator at the University of Maryland.
From 1997 to 2000, Mr. Ciesielski served as a member of the Financial Accounting Standards Advisory Council, (FASAC), which is the advisory body that consults with the Financial Accounting Standards Board (FASB) on practice issues and advises the FASB on setting its agenda. He is also a member of the American Institute of Certified Public Accountants, and served on that body's SEC Regulations Committee from 1992 to 1995, returning for another stint in 2002. From 1998 to 2001, he served as a member of the AICPA's Accounting Standards Executive Committee, which issues accounting standards under the direction of the FASB. In March 2008, Mr. Ciesielski ended a five-year turn as member of the FASB's Emerging Issues Task Force (EITF).
He has been a member of the FASB's Investors Technical Advisory Committee since its formation in 2007. As a member of the Association for Investment Management Research (now the CFA Institute), he served on their Financial Accounting Policy Committee from 1993 to 1996, while filling the role of Vice-Chairman from 1994 to 1996. As a member of the Maryland Association of CPAs, Mr. Ciesielski has served as the Chairman of their Accounting Standards Committee from 1993 to 1995, and served on the MACPA's board of directors for three years. He has also been a member of the Baltimore CFA Society since 1986.