Eric Formberg, a partner in Plante Moran’s Auburn Hills office, has received the Michigan School Business Officials President’s Award, which is bestowed at the discretion of the MSBO President.
“Eric works tirelessly on behalf of K-12 school districts, both locally, statewide and at the federal level — he has an obvious passion for what he does,” said Cheryl Wald, MSBO immediate past president. “He advises business officials on the many challenges they encounter, while recognizing that their work extends beyond the administration office."
As the professional standards leader for Plante Moran’s K-12 education practice, Formberg oversees all technical aspects of the practice, including quality control and emerging accounting and auditing issues. With more than 30 years of experience, he has substantial expertise in compliance auditing, and extensive knowledge in the audit of Michigan School District financial statements, federal programs, and bond/sinking fund transactions under Treasury’s audit guide.
Formberg is a Certified Government Financial Manager and is nationally-recognized for his ability to work through fiscal and regulatory matters affecting public education.
He is actively involved with the Michigan Department of Education, including advising the department on the implementation of Uniform Guidance on school districts and participating in its school audit referent group. As a result of his extensive experience, Formberg is an invited member of the American Institute of CPAs National Single Audit Roundtable and the AICPA Government Audit Quality Center Executive Committee.
Formberg holds a bachelor of science in accounting from Michigan State University.