Mosiman Named New Iowa State Auditor; First Female To Hold Post

By James Q. Lynch, Reporter

DES MOINES, Iowa -- Mary Mosiman, the state deputy of elections since 2010, has been named the new state auditor by Gov. Terry Branstad.

Mosiman, who was elected to three terms as the Story County auditor before joining the Secretary of State's Office in 2010, will succeed David Vaudt, who had served 10 years in the position. She is the state's first female state auditor.

"I can't wait to get started," she said when Branstad made the announcement at his weekly news conference Monday morning.

Vaudt "is going to be a tough act to follow," but I like a challenge," the 51-year-old Mosiman said. She will start work today and her salary will be $103,000.

Branstad said he had two major requirements for Iowa's state auditor: that the person was a CPA, and that the individual would adhere to the sound budgeting principles followed by Vaudt.

"In Mary, we found that and more. She is a talented, passionate public servant who will keep a very close watch over Iowa's tax dollars," he said."

Mosiman said she plans to be an "independent voice" as auditor. The auditor's office conducts financial audits of state government offices and of cities, counties and towns throughout the state.

"David Vaudt provided an excellent service to Iowans in his role as the 'Taxpayers Watchdog,'" Mosiman said. "I look forward to building on his efforts. Working with Iowa's leaders to maintain sound budgeting principles, communicating state budget information, and providing all the necessary audit responsibilities will be my top priorities."

Branstad also said he would look for someone not only to fill out the two years left in the current term, but someone with ambitions to run for statewide office as the next state auditor in 2014.

Mosiman, who served 10 years as Story County auditor, said she will run for the Republican nomination for auditor in 2014.

GOP Secretary of State Matt Schultz called Mosiman an "excellent choice."

"Auditor Vaudt certainly leaves big shoes to fill, but I know that Mary Mosiman is the right person to meet and exceed the high standards he has established during his decade of service," Schultz said. "I am proud to have worked with Mary, and wish her the best."

Mosiman and her husband, Daniel, live in Ames. They have four daughters. She is a member of the Iowa Society of CPAs, is a past president of the Nevada Rotary, and is an active member of the Gilbert Education Foundation.

Vaudt, 59, left the Auditor's Office to become chairman of the Governmental Accounting Standards Board based in Norwalk, Conn., beginning July 1. However, the three-term Republican said he planned to start working with the board today.

Known as GASB, the board is the source of generally accepted accounting principles used by local and state governments. Vaudt will be its fourth chairman, and the Financial Accounting Foundation appointed him to a seven-year term. The GASB's work includes making rules on issues such as how governments should record pension liability.

Vaudt is a CPA and worked at KPMG for 25 years before he sought state office. He's a graduate of LuVerne high school in north central Iowa and Upper Iowa University in Fayette.
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