Sheila A. Weinberg founded the Institute for Truth in Accounting in 2002. With the Board of Directors, she is responsible for setting the strategic direction for the organization. The Institute’s mission is to encourage private and public entities to produce financial reports that are comprehensive, comprehensible and transparent as well as to inform the public of the importance of truthful accounting. The Institute’s initial focus was to encourage the largest fiscal organization in the world, the U.S. federal government, to become the leader in providing public and elected officials with the financial information needed to make knowledgeable decisions. The Institute has recently expanded its focus to include budgeting and accounting issues of Illinois, as well as other state governments. Weinberg works with members of Congress to bring greater transparency to federal financial reporting.
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