Creps Named Next Chair of AICPA Auditing Standards Board

NEW YORK (March 17, 2025) – A KPMG audit partner has been named the new chair of the Auditing Standards Board (ASB), a key committee of the American Institute of CPAs.

Catherine “Halie” Creps, a partner in KPMG’s Department of Professional Practice, will assume her duties at the end of May. She succeeds Sara Lord of RSM US LLP, who has served as chair of the board for the last three years and had previously served as a member.

The ASB issues standards for auditing private companies, quality management standards for practitioners providing audit and attest services to private companies, and attestation standards. It also develops practice guidance for performing audit and attestation engagements under AICPA standards.

Creps has more than two decades of experience, both at KPMG – where she focuses on emerging audit and accounting issues – and formerly as a practice fellow at the Financial Accounting Standards Board (FASB). She has served as a member of the board for the last three years, leading its critical projects related to attestation engagements.

“Halie has the right skills and expertise to extend the record of strong leadership we’ve had at the ASB,” said Jennifer Burns, the AICPA’s chief auditor. “Emerging areas of assurance, the expanding use of new technologies, and the current pace of standard-setting make it more critical than ever for the board to have strategic oversight.”

Seven new members will join the board at the end of May. They are:

• Michael Brand, CPA, CGMA, assurance member, BMSS LLC

• Heather A. Funsch, CPA, principal and director of professional standards, Rehmann

• Nora Kilaghbian, vice president, Capital Group (retired)

• Carole McNees, CPA, partner, Plante Moran

• Christine Quintana, CPA, partner, Ernst & Young LLP

• G. Alan Skinner, CPA, partner and assurance service line leader, Carr, Riggs & Ingram LLC

• Daniel Trujillo, CPA, CGMA, managing partner, TKM, LLC

For more information on ASB, please visit its resource page.

Contact:

Jeff May

212.596.6122

jeffrey.may@aicpa-cima.com