Standards and Emerging Issues Advisory Group Members
John Bendl, CPA
Principal and International CFO
Mr. Bendl has served as Principal, International CFO at Vanguard since October 2021. His previous roles at Vanguard have been CFO of the Vanguard Funds & Chief Accounting Officer, as well as Controller, Chief Accounting Officer and Treasurer. Prior to joining Vanguard in 2016, Mr. Bendl was a partner at KPMG, where he spent 24 years. He is a Certified Public Accountant.
Preeti Choudhary, Ph.D.
Associate Professor of Accounting
University of Arizona, Eller College of Management
Preeti Choudhary, Ph.D., is an associate professor of accounting at the Eller College of Management, University of Arizona. Previously, between June 2015 and December 2016, she was a senior economic research fellow in the Office of Economic Risk and Analysis at the PCAOB, and prior to June 2015 she was an assistant professor in the accounting department at the McDonough School of Business, Georgetown University. Her professional experience includes roles at Deloitte and Touche LLP in enterprise risk services and at The Washington Post Company (now known as Graham Holdings Company) in internal audit. Among Preeti Choudhary's research interests include capital market effects of financial reporting, including debt and equity investor valuation assessments, and how auditing impacts financial reporting reliability. She is an expert on materiality and financial reporting for employee stock options, leases, and taxes. Her work has been presented at, or published in, many leading accounting conferences and journals. Choudhary earned her B.S. in commerce and M.S. in accounting from the University of Virginia and her Ph.D. from Duke University.
Brian T. Croteau, CPA
Brian Croteau is a Partner in the National Quality Organization of PricewaterhouseCoopers LLP’s (PwC) Assurance Practice. Prior to rejoining the Firm in 2017, he served for over six years as the Deputy Chief Accountant of the Professional Practice Group within the Office of the Chief Accountant (OCA) at the SEC in Washington, DC. Mr. Croteau has also previously served as a Senior Associate Chief Accountant in OCA from 2004 to 2007. In his current role as leader of PwC’s Regulatory Risk & Quality Control group, he assists in leading and supporting the Firm’s national office efforts focused on driving audit quality. Mr. Croteau is a Certified Public Accountant, and he is a member of the AICPA. He earned his B.B.A. in accounting from the University of Massachusetts at Amherst. He was named 2007 accounting alumnus of the year of the UMass-Amherst Isenberg School of Management.
National Managing Partner, Quality, Risk & Regulatory
Deloitte & Touche LLP
Christine Davine is the National Managing Partner for Quality, Risk & Regulatory within Deloitte & Touche LLP’s (“Deloitte”) Audit & Assurance national office. In this role, she leads the Professional Practice Network, including the auditing, accounting, financial reporting, monitoring and risk functions. She leads a team of more than 300 partners and professionals and is responsible for setting Deloitte’s policies and methodology dealing with complex accounting, financial reporting, and auditing issues—interfacing with regulators and other stakeholders—and addressing global Deloitte audit quality matters. Previously, Ms. Davine was the deputy leader for the Professional Practice Network, the co-leader of the Accounting & Reporting Services group, and the leader of the SEC Services group of Deloitte’s national office. Prior to joining Deloitte, she spent eight years with the SEC’s Division of Corporation Finance. Ms. Davine frequently speaks on current and emerging accounting, financial reporting, and auditing issues.
Susan O. DuRoss
Executive Director, Global Valuations
Susan DuRoss is a recognized industry leader in financial instrument valuation, accounting standards, and internal controls. She serves as the chair of the AICPA Financial Instruments Advisory Group and is a member of the AICPA Specialists and Investments Task Force. At the International Valuations Standards Council (IVSC), Susan serves on the Standards Review Board, and she leads and participates in numerous IVSC Working Groups. Ms. DuRoss was also a member of the PCAOB Pricing Sources Task Force. As an industry expert, Susan emphasizes a transparent risk-based approach to valuation to inform and protect investors and other stakeholders. At Harvest Investments, she leads Harvest's high-quality valuation methodologies, upholding strict compliance with financial reporting standards. She oversees the development and maintenance of Harvest’s transparent pricing methodologies and report deliverables in accordance with applicable standards. Susan emphasizes working closely with clients to help them navigate the complexities of financial markets and reporting requirements. Prior to joining Harvest, Ms. DuRoss traded mortgage and asset-backed securities for William Blair & Co. in Chicago. She received her bachelor’s degree from the University of Michigan.
Ron Edmonds, CPA
Controller and Vice President of Controllers and Tax
Ron Edmonds is Controller and Vice President of Controllers and Tax for Dow, a global materials science company. From September 2017 until April 2019, Mr. Edmonds also served as Co-Controller of DowDuPont, an $86 billion holding company comprised of The Dow Chemical Company and DuPont. Previous to joining Dow, he worked for Chiquita Brands International, The Upjohn Company and Arthur Andersen & Co. He is a Certified Public Accountant and a member of the American Institute of Certified Public Accountants, Financial Executives International’s Committee on Corporate Reporting and a Board Member of Michigan Association of Certified Public Accountants. He serves as a member of the advisory council of the International Financial Reporting Standards (IFRS) Foundation. He holds a bachelor of business administration degree from Western Michigan University.
David Fabricant, CPA
Senior Vice President, Deputy Controller
David Fabricant is the Senior Vice President, Deputy Controller and Head of Global Record-to-Report where he leads a team of 800 professionals globally who are responsible for reporting the Company’s financial performance to the Securities Exchange Commission and the Federal Reserve Bank of New York, overseeing Controllership’s global financial operations covering operational accounting processes, ensuring balance sheet integrity and maintaining the financial ecosystems that drive reporting while ensuring a strong control and compliance environment is achieved through data governance and Finance Data Management. Mr. Fabricant joined American Express in February 2011 from American International Group, Inc. (AIG), where he served in several senior leadership roles since 2006. Prior to his tenure with AIG, Mr. Fabricant held senior level roles with Citigroup. Mr. Fabricant earned a Bachelor of Science in accounting and finance from Stephen F. Austin State University in Nacogdoches, Texas. He is a Certified Public Accountant.
Chief Governance Officer, SVP and Corporate Secretary
Prudential Financial, Inc.
Ms. Foran is Chief Governance Officer, Senior Vice President and Corporate Secretary of Prudential Financial, Inc. She has been a corporate governance leader throughout her career at Sara Lee Corporation, Pfizer, Inc. and J.P. Morgan & Co., Inc. Ms. Foran is a director on the Board of Orion Group Holdings, Inc. and serves as the Chair of the Compensation Committee. From December 2010 through May 2020, she served on the Board of the Occidental Petroleum Corporation, where during her tenure, she served as Chair of its Sustainability and Shareholder Engagement Committee, Compensation Committee and Governance Committee. Ms. Foran previously served on the Board of The MONY Group and MONY Life Insurance Company. Ms. Foran currently serves as an active member of many influential advisory boards including, co-chair on the Board of Directors of the Council of Institutional Investors, member of the Board of Trustees of the American College of Governance Counsel, the Catalyst’s Advisory Board, the Weinberg Center for Corporate Governance’s Advisory Board, the Nominating and Governance Committee Chair Advisory Council, of the National Association of Corporate Directors (NACD), the Society for Corporate Governance’s Environmental & Social Working Group, and Executive Director of Prudential’s Sustainability Council. Ms. Foran received her B.A., magna cum laude, and J. D. degrees from the University of Notre Dame, where she is a member of the law school’s Advisory Council. She is admitted to the New York, Illinois, Pennsylvania, and New Jersey (In-house) Bars. Additionally, Ms. Foran is NACD Directorship Certified™.
Robert Hirth, Jr.
Senior Managing Director
Bob Hirth is a Senior Managing Director at Protiviti, a global business consulting firm operating in more than 25 countries. Since 2017 he has served as the Co-Vice Chair of the Sustainability Accounting Standards Board (SASB) and chairs its Technology and Communications industry committee. From June 2013 to 2018 he was Chairman of the Committee of Sponsoring Organizations of the Treadway Commission (COSO). He has participated in assignments and made presentations in over 20 countries, provided services to more than 50 organizations and worked closely with board members, C-level executives, finance and accounting personnel as well as public accounting firm partners and employees. His experience includes auditing and accounting, sustainability reporting and standard-setting, internal control and risk management. Mr. Hirth started his career in public accounting and was a global equity partner of Arthur Andersen, working in both its audit and consulting divisions. He graduated from Southern Methodist University in Dallas, Texas, with a concentration in accounting.
James (Jim) Hunt, CPA
James Hunt currently serves on the boards of directors of Brown & Brown, Inc., Subway Worldwide, Inc., and Penn Mutual Life Insurance Co., as well as Nemours Foundation. He served as Chief Financial Officer and Executive Vice President of Walt Disney Parks and Resorts Worldwide from 2003 to 2012. Mr. Hunt holds a Bachelor of Science, Summa Cum Laude, in business administration from the University of Central Florida. Additionally, Mr. Hunt is a Certified Public Accountant with an active license in the state of Florida and a designated Board Leadership Fellow of the National Association of Corporate Directors.
Jennifer R. Joe, Ph.D., CPA
Whitney Family Professor of Accounting
University of Delaware
Jennifer R. Joe, Ph.D., CPA (NY, inactive), is the Whitney Family Professor of Accounting and Cohen Family Lerner Director of Diversity at the University of Delaware. She is an award-winning researcher whose work examines how key institutional factors impact the quality of corporate financial reporting including audit litigation, regulations, audit quality and data analytics tools, and the role of cognition in decisions using accounting information. Dr. Joe is actively engaged with the accounting profession and business community. She is a frequent presenter and keynote speaker at corporate and academic events on accounting and diversity issues. Dr. Joe has significant experience teaching accounting, auditing, and internal controls at national universities and corporate professional education programs. She enjoys volunteering on academic and civic boards and advocating for inclusive excellence in higher education.
Josh Jones, CPA
Americas Director of Audit and Chief Auditor
Ernst & Young LLP
Josh Jones currently serves as Ernst & Young LLP’s (“EY”) US Americas Director of Audit and Chief Auditor and is based in Tysons, VA. In that role, Josh leads efforts focused on developing and maintaining audit policy, methodology, guidance, tools, and training for EY’s audit engagement teams. He also concentrates on monitoring and responding to the standard-setting activities of the PCAOB, the AICPA, and the SEC. Additionally, Mr. Jones oversees EY’s guidance and consultation to audit engagement teams on auditing and reporting matters, and other attestation engagements; including auditing, evaluating, and reporting on ICFR related matters. He re-joined EY after serving more than three years on the staff of the SEC. As a former Senior Associate Chief Accountant in the SEC’s Office of the Chief Accountant, he specialized in the SEC’s guidance related to the evaluation of internal control over financial reporting and auditing matters related to public companies.
W. Robert Knechel, Ph.D.
Distinguished Professor and Frederick E. Fisher Eminent Scholar
Warrington College of Business, University of Florida
W. Robert Knechel, Ph.D., is the Frederick E. Fisher Eminent Scholar in Accounting and Distinguished Professor at the University of Florida, Gainesville, Florida. He is the Director of the International Accounting and Auditing Center (IAAC) located within the Fisher School of Accounting. Dr. Knechel holds appointments at the University of Auckland as a Professor of Accounting Research and University of New South Wales as a Professor of Auditing. He was a member of the PCAOB’s Standing Advisory Group and is on the Board of the Foundation for Audit Research in the Netherlands. He is currently the Senior Editor of The Accounting Review.
Sara Lord, CPA
RSM US LLP
Sara Lord is the Chief Auditor and a member of the Board of Directors for RSM US LLP (RSM). In her role as Chief Auditor, she leads the audit and accounting policy and audit innovation departments of the firm. This includes overall responsibility for the methodology, tools, training, and thought leadership supporting RSM’s assurance services as delivered today and their evolution into the future. Prior to joining RSM, Sara was a partner at Boulay PLLP where she served clients and was a concurring and consultation resource for accounting and assurance needs. Sara also worked for Deloitte in a variety of roles, including audit client service, national office consultation, and global office public policy. Sara received a Bachelor of Accountancy from the University of North Dakota.
Melanie Senter Lubin
Maryland Securities Commissioner
Office of the Maryland Attorney General, Securities Division
Melanie Senter Lubin was appointed in 1998 by the Maryland Attorney General as the Maryland Securities Commissioner for the Securities Division, Office of the Attorney General. Before becoming Commissioner, Ms. Lubin served as the Deputy Securities Commissioner and as an Assistant Attorney General and Chief of both the Investment Adviser/Broker-Dealer and Securities Registration Units. In September 2021, Ms. Lubin began her one-year term as the 104th president of the North American Securities Administrators Association (NASAA), the oldest international organization devoted to investor protection and responsible capital formation.
Jon Lukomnik is a Managing Director at Sinclair Capital and has had a long and distinguished career in the investment management industry and is one of the pioneers of modern corporate governance. He has written and published in over 200 academic and practitioner papers on how to strengthen the contribution and accountability of the financial systems and asset management industry. He is the past executive director of the Investor Responsibility Research Center (IRRC) Institute, whose research has been widely praised for objectively examining fundamental corporate governance and capital market issues. He is a co-founder of the International Corporate Governance Network (ICGN) and is an active contributor to other industry bodies working to advance the investment management and corporate governance fields.
Jeffrey P. Mahoney, J.D., CPA
Council of Institutional Investors
Jeffrey P. Mahoney joined the Council of Institutional Investors (CII) as general counsel in 2006. His responsibilities include advocating the Council’s membership-approved policies before standard setters, regulators, members of Congress, and other policy makers. Prior to joining the Council, Mr. Mahoney was counsel to the chairman of the Financial Accounting Standards Board (FASB). From 1996-2006, he advised FASB and its parent entity, the Financial Accounting Foundation, on a variety of research, technical and administrative matters, and was primarily responsible for FASB’s Washington, D.C. liaison activities. Prior to joining FASB, Mr. Mahoney was a corporate securities lawyer at Morgan, Lewis & Bockius LLP; a law clerk to the Honorable James G. Exum Jr., chief justice of the North Carolina Supreme Court; and an auditor at Arthur Andersen LLP. Mr. Mahoney holds a J.D. degree, served on the North Carolina Law Review, and was named to the Order of the Coif. He also holds a B.B.A. degree and an A.A. degree.
Steven Morrison, CPA
Steven Morrison brings experience as an engagement partner, quality control reviewer, and standard setter to a variety of industries including automotive dealerships, employee benefit plans, freight forwarding/mail courier, retail, and wholesale/distribution. Steven’s experience includes addressing unique accounting and audit issues of entities in the United States, Asia, Europe, Oceania, and the Americas. He addresses specific issues for companies in a variety of other industries and has extensive experience in effectively communicating simple and complex technical matters to all levels of personnel. His current responsibilities include advising engagement teams on accounting and auditing matters as well as methodology development. As a prior board member of the AICPA's Auditing Standards Board, Mr. Morrison served the public interest by developing, updating, and communicating comprehensive standards and practice guidance that enable practitioners to provide high-quality, objective audit and attestation services to nonissuers.
Dane Mott, CFA, CPA
Capital Group Companies
Dane Mott is an Accounting Analyst at Capital Group, with global accounting research responsibilities. He has more than 20 years of investment industry experience and has been with Capital Group for seven years. Prior to joining Capital, Dane worked as an accounting analyst at his research firm Dane Mott Research LLC, at J.P. Morgan as head of its U.S. accounting and valuation group, and at Bear Stearns, where he was a Managing Director and a member of its accounting and tax team within equity research. He has previously served on various advisory groups for the FASB and IASB. He holds an MBA in finance and management and a bachelor’s degree in accounting and finance, both from the Leonard N. Stern School of Business at New York University. He also holds the Chartered Financial Analyst designation and is a Certified Public Accountant. Dane is based in Los Angeles.
Sandra J. Peters, CPA, CFA
Senior Head, Global Advocacy
Sandra Peters leads the Financial Reporting Policy Group at CFA Institute where she oversees a team responsible for tracking all corporate disclosure, accounting, auditing, and ESG issues of interest to investors globally. Ms. Peters has an extensive and well-balanced background as a user advocate, preparer, and auditor. Most recently, she served as Vice President and Corporate Controller at MetLife Inc. Prior to joining MetLife, she was a partner at KPMG LLP providing audit services primarily for insurance and financial services companies. She has been a member of the IFRS Interpretation’s Committee (IFRS IC), the FASB’s Financial Accounting Standards Advisory Council and the PCAOB’s Standing Advisory Group. Ms. Peters is a Certified Public Accountant licensed in New York, Texas, and Nebraska. She is a CFA and a member of CFA Society of New York. She holds a B.S./B.A. in accounting from the University of Nebraska and an MBA in finance from Indiana University.
Diane Rubin, CPA
Member Board of Directors
First Foundation Inc.
Now a member of the board at First Foundation, Inc., Ms. Rubin has over 40 years of expertise in the accounting industry. She has served as the Vice Chair for the Board of Trustees for the Financial Accounting Foundation and is a retired Audit Partner and Quality Control Partner at Novogradac & Company LLP, a national public accounting firm offering audit, tax, valuation, and expert witness services with an emphasis on affordable housing, community development, and renewable energy. Prior to that, she owned a diversified auditing, accounting, and tax practice. Her professional experience also includes having served on the California Board of Accountancy, as a member of the Auditing Standards Board, and as board member and Chair of the National Association of State Boards of Accountancy (NASBA). Ms. Rubin is a CPA licensed in California.
Kecia Williams Smith, Ph.D., CPA
Assistant Professor, Director of the Master of Accountancy Program, Department of Accounting and Finance
North Carolina A&T State University
Kecia Williams Smith, Ph.D., CPA, is an Assistant Professor and Director of the Master of Accountancy (MACC) Program in the Department of Accounting and Finance at North Carolina A&T State University (NC A&T). Dr. Smith’s research interests include audit regulation, audit quality, regulatory communications, and auditor judgment and decision-making. Prior to entering academia, she was a Senior Manager at Deloitte where she led engagement teams in the Technology, Media, and Telecommunications practice. Immediately prior to starting her doctoral studies, she was an Associate Director at the PCAOB, where she created and led the Inspections Training Office that served over 400 inspection personnel. She received her B.S. in Accounting from NC A&T and Ph.D. in Accounting from Texas A&M University. She is also an active CPA in North Carolina and Georgia.
Hemming Morse LLP
A senior advisor at Hemming Morse, Lynn Turner possesses over 45 years of auditing, business, regulatory, corporate governance, and academic experience related to financial reporting. Currently he consults on complex investigations involving financial reporting, corporate governance, securities litigation, accountant and auditor liability, and technical accounting matters. Courts and Congress have recognized Lynn as an expert witness on financial reporting requirements, financial statement audits, and corporate governance standards. He has also served as an arbitrator. In his former role as chief accountant for the SEC, Mr. Turner was the principal advisor to the SEC chairman and Commission on auditing, financial reporting, and corporate governance matters. He advised the SEC on issues including the oversight and development of U.S. auditing, accounting, and disclosure standards, as well as matters affecting audit committees of public companies. He has also served as a trustee of investment funds.
Cravath, Swaine & Moore LLP
John W. White is Chair of Cravath’s Corporate Governance and Board Advisory practice. During his over 30 years as a partner at Cravath, Mr. White has focused his practice on representing public companies in a wide variety of areas, including public reporting responsibilities, corporate governance and ESG matters, public financings and restatements, revisions, and other financial crises. From 2006 through 2008, he served as Director of the Division of Corporation Finance at the SEC, which oversees disclosure and reporting by public companies in the United States. While on the SEC staff, Mr. White led the Division through one of the most significant and prolific rulemaking periods in its history, including the Commission’s adoption of final rules addressing executive compensation disclosure, Sarbanes Oxley Section 404’s internal control requirements, and internet access to proxy materials.