Retired Novogradac Partner Named to Financial Accounting Foundation

Diane Rubin, a retired audit and quality control partner at San Francisco-based Novogradac & Company (FY14 net revenue of $103.3 million), was one of six trustees named to the board of the Financial Accounting Foundation (FAF), effective Jan. 1.

Rubin joins four other new trustees on the board, plus Charles Noski, who was elected chairman. Rubin was an inaugural member of FAF’s Private Company Council and will complete that term Dec. 31, 2015, before moving to her role as trustee. The trustee term is for five years in the parent organization of the Financial Accounting Standards Board and the Government Accounting Standards Board.

Rubin retired from Novogradac & Company in 2013 after 17 years with the firm and now lives in Rancho Mirage, Calif. Before joining Novogradac & Company, Rubin owned her own practice, which merged with Novogradac & Company in 1996. She was a member of the Auditing Standards Board from 2004 to 2007 and served as a member of the California Board of Accountancy from 1993 to 2000, including a term as the board’s president.

“We continue to be proud of Diane’s contributions to our field,” says Michael Novogradac, MP of Novogradac & Company, and IPA Best of the Best firm. “This is a wise choice by FAF and Diane’s wisdom and insight will undoubtedly make a significant difference on the council.”

The new trustee members include Noski, who previously served as CFO, audit committee chairman and in other senior executive and governance roles at major U.S. corporations. The other trustees are Charles Allen, a partner and vice chairman with Crowe Horwath LLP; Christine Cumming, retired first vice president and COO of the Federal Reserve Bank of New York; Eugene Flood Jr., member of the board of Janus Capital Group Inc. and former board member of other major asset management firms; and Kenneth Robinson, former chief audit executive and global risk and compliance leader of the Proctor & Gamble Co.