Michael L. Gullett, CPA, CFP

Mike is Senior Vice President, Tax and Accounting at the American Bankers Association, the voice of the nation’s $18 trillion banking industry.  Joining the ABA in 2009, Mike works with the FASB, the IASB, and the U.S. banking regulators in helping bankers understand and implement policies and regulations related to accounting, financial reporting, internal controls, and capital management.  Mike was active in both the CECL and IFRS 9 standard-setting processes, leading the industry’s evaluation of each of the several different impairment models considered by FASB.  He was also a reviewer of the various staff working drafts of CECL.  Mike is author of various CECL-related discussion papers, various other CECL resources for ABA members, and is contributor to the book The New Impairment Model Under IFRS 9 and CECL, published by Risk Books.

Mike brings to the ABA over thirty years of experience in the financial services industries.  Mike started his career as a Senior Manager for EY, where he concentrated on financial institutions.  He has been CFO of an international charity and was a director of accounting policy implementation at Freddie Mac.  He also has been controller of a life insurance company, implementing FASB Statement 97, which changed the recognition of revenues and expenses in the industry using long-term forecasts of the future – much like CECL.

A graduate of the University of Virginia, Mike is a Certified Public Accountant, and holds various other professional designations, including Certified Financial Planner and Certified Information Systems Auditor.