2009 Distinguished Service in Auditing Award
- Gary Holstrum
Presented by Shaun Budnik
Gary Holstrum (right) receives the 2009 Distinguished Service Award,
presented by Shaun Budnik (left).
Gary Holstrum, who currently serves as consultant to the Office of the Chief Auditor of the Public Company Accounting Oversight Board (PCAOB), recently received the 2009 Distinguished Service in Auditing Award. This award recognizes individuals who have made significant contributions to the profession, the Auditing Section, and scholarship.
The 2009 selection committee members were Andy Bailey, Steve Glover, Bill Kinney, Bill Messier, Dan Simunic, Bill Felix, Trevor Stewart, and Shaun Budnik.
Holstrum was recognized for his distinguished service to the profession and the Auditing Section. Examples of his service to the profession are numerous. A few prominent examples include:
- His service on the Auditing Standards Board of the AICPA for 4 annual terms.
- His time as the United States representative to the International Accounting Education Standards Board (IAESB).
- In addition to serving on numerous committees of the Auditing Section, Holstrum was president of the Section. After his term, he continued to serve the American Accounting Association and the Auditing Section on a number of committee and task force assignments.
- Holstrum’s most significant contribution to the profession has been his work with the PCAOB, where he helped solidify a strong relationship between the Auditing Section and the PCAOB. His work will benefit the Auditing Section and the PCAOB for years to come.
Holstrum was also a Deloitte partner. During his tenure with Deloitte, he developed and communicated Deloitte’s auditing policies and techniques, and served as an audit partner on engagements for several large, multinational and medium-sized clients.
He has been a professor of Accountancy at the University of South Florida in Tampa and the University of Southern California. He has also taught at a number of other universities in the U.S. as well as outside of the U.S.
Holstrum is a Certified Public Accountant. He received a Bachelor’s degree in History and a PhD in Accounting from the University of Iowa.
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