Spring 2014 issue of Horizons

RUBINBROWN NEWS

RubinBrown Publishes First Audit Quality Report

In January 2014, RubinBrown published its first-ever audit quality report. Audit quality reporting is intended to foster greater confidence in the audit process by assisting financial statement users, audit committee members and other stakeholders in understanding how an audit firm’s management and operations support the performance of high quality audits. The Public Company Accounting Oversight Board (PCAOB), which regulates the audits of public companies, is currently developing a concept release regarding audit quality reporting and audit quality indicators.

The concept release is expected to provide a definition of audit quality and include an audit quality framework. Additionally, there will be 25 to 30 potential audit quality indicators identified. Finally, there will be discussion of potential uses of the audit quality indicators.

You may access the report at www.RubinBrown.com/Audit-Quality .

RubinBrown Partner Amy Altholz Named Woman To Watch

Amy Altholz, CPA , partner and vice chair of RubinBrown’s Not- For-Profit Services Group, was recently honored as one of the Missouri Society of Certified Public Accountants (MSCPA) Women to Watch. The MSCPA Women to Watch Awards recognize women in accounting who have made significant contributions to the profession and development of women in their communities.

RubinBrown Partner Steven Harris Named 2014 Young Leader

Steven Harris, CPA , partner-in-charge of RubinBrown’s Entrepreneurial Services Group was named one of the St. Louis American’s 2014 Young Leaders. The Young Leader Awards identify and honor committed, compassionate, generous professionals making a positive impact in the community.

RubinBrown Managing Partner John Herber Named to AICPA Governing Council

John Herber, Jr., CPA, CGMA, managing partner of RubinBrown, was nominated to the American Institute of Certified Public Accountants’ Council as an at-large member. The appointment is for a three-year term on the council. Herber also currently serves as chairman of the AICPA’s Professional Liability Insurance Program Committee.

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