Retired Novogradac & Company Partner Named Trustee of Financial Accounting Foundation

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Rubin to join four other new trustees, new chairman on FAF board starting Jan. 1

Diane M. Rubin, a retired audit and quality control partner at national accounting firm Novogradac & Company LLP, was one of six trustees named to the board of the Financial Accounting Foundation (FAF), effective Jan. 1, 2016.

Rubin joins four other new trustees on the board, plus Charles H. 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, Ms. Rubin owned her own diversified auditing, accounting and tax practice, which merged with Novogradac & Company LLP in 1996. Before that, she was an audit manager with Price Waterhouse in New York and San Francisco. Ms. Rubin, who was named by Accounting Today as one of the country’s Top 100 Most Influential People in Accounting in 2006 and by NPA Magazine as one of 2006’s Top 100 Most Influential Practitioners, 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,” said Michael J. Novogradac, CPA, managing partner of Novogradac & Company LLP. “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 the chief financial officer, audit committee chairman and in other senior executive and governance roles at major U.S. Corporations. The other trustees are Charles M. Allen, a partner and vice chairman with Crowe Horwath LLP; Christine M. Cumming, retired first vice president and chief operating officer 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 B. Robinson, former chief audit executive and global risk and compliance leader of the Proctor & Gamble Co.

Novogradac began operations in 1989 and has since grown to more than 500 employees and partners with offices in San Francisco, Walnut Creek and Long Beach, Calif.; Dover, Columbus and Cleveland, Ohio; St. Louis; Boston; New York; Chicago; Austin, Texas; Portland, Ore.; Naples, Fla., Raleigh, N.C.; and the greater metropolitan areas of Philadelphia; Washington, D.C.; Atlanta; Detroit; Kansas City, Mo.; and Seattle. Novogradac was recently named the INSIDE Public Accounting’s (IPA’s) list of the “Best of the Best” firms for the 13th time. It also grew to the 32nd largest accounting firm in the nation, according to IPA.

Specialty practice areas include tax, audit and consulting services for tax-credit-assisted multifamily and affordable housing, community revitalization and rehabilitation of historic properties. Other areas of expertise include business valuation, preparation and analysis of market studies and appraisals of multifamily housing investments and renewable energy tax credits.

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