RSM Bolsters Commitment to Audit Quality with Formation of Audit Quality Board

Three independent board members to provide valuable industry perspective in support of enhanced delivery of high-quality audit services

CHICAGO, Jan. 21, 2025 /PRNewswire/ -- RSM US LLP ("RSM") – the leading provider of assurance, tax and consulting services for the middle market – has established an Audit Quality Board.

Composed of three independent board members, the RSM US Audit Quality Board is an advisory body responsible for evaluating the effectiveness of quality control and system of quality management matters within the firm's assurance practice. The members of the Audit Quality Board will also offer advice and recommendations on audit quality related aspects of the firm's operations, culture, governance and risk management.

"Audit quality is essential to ensuring confidence in the capital markets and is at the core of our role as gatekeepers for the public trust," said Joel Shamon, RSM's enterprise assurance leader. "Our Audit Quality Board members bring extensive experience in leading audit quality initiatives in the U.S. and globally. As we continue to enhance our services and improve the audit experience for management teams, boards and our people, we look forward to benefiting from their counsel and objective insights."

"The creation of our Audit Quality Board reinforces our commitment to the principles of integrity, independence, objectivity, and excellence that are hallmarks of our profession," added Jamie Klenieski, RSM's audit quality and risk management leader. "As we strive for continuous improvement in the effectiveness of our work, the board's guidance and diverse viewpoints will help us ensure we're consistently delivering high quality audits."

Members of the Audit Quality Board are:

Tracey Golden – Golden is a past chairman of the boards of the American Institute of CPAs (AICPA) and the Association of International Certified Professional Accountants. She has more than 40 years of industry experience and is a former Big 4 partner where her roles included global risk executive, national regulatory and inspections leader, national quality assurance partner and engagement quality control reviewer. Golden previously served as a professional accounting fellow at the U.S. Securities and Exchange Commission.

Dave Sullivan – Sullivan is currently a member of the Public Interest Oversight Board, the global independent body that seeks to improve the quality and public interest focus of the international audit, assurance and ethics standards formulated by the international standard-setting boards. He is a former Big 4 partner where his roles included global audit and assurance quality leader and national managing partner – quality and professional practice. Sullivan, who has 40 years of industry experience, also serves as an advisor to large CPA and consulting firms on matters of audit quality. He was previously a practice fellow with the Financial Accounting Standards Board.

Dan Sunderland – Sunderland is currently professor of practice in the accounting group at Northeastern University and a frequent advisor on PCAOB QC 1000 implementation and other accounting, audit and governance matters. He is a former Big 4 partner where his roles included chief auditor, national professional practice director, lead audit partner and lead engagement quality partner. Sunderland has 42 years of industry experience and previously held leadership positions with the auditing section of the American Accounting Association and with the Center for Audit Quality, where he chaired the research advisory board.

For additional information about RSM's commitment to audit quality, read our Audit Quality Report.

About RSM US LLP
RSM empowers middle market companies worldwide to take charge of change. The clients we serve are the engine of global commerce and economic growth. Our unique middle market perspective makes RSM the natural choice for growth-oriented, internationally active organizations seeking relevant insights and tailored, innovative solutions for a complex and changing world. With a global reach spanning more than 120 countries, we instill confidence in a world of change by bringing the full power of RSM to make a lasting impact on our clients, colleagues and communities. For more information, visit rsmus.com, like us on Facebook, follow us on X and/or connect with us on LinkedIn.

SOURCE RSM US LLP