ASCEND BOARD MEMBER SRIDHAR RAMAMOORTI APPOINTED AS PCAOB STANDING ADVISORY GROUP MEMBER

December 5, 2013 — Ascend is proud to announce that we have nominated a valued member of our Board of Directors, Sridhar Ramamoorti, to The Public Company Accounting Oversight Board’s Standing Advisory Group (SAG) and he has been confirmed to serve a three-year term beginning in January 2014.
The SAG advises the PCAOB on the development of auditing and related professional practice standards. The advisory group includes experts in the fields of accounting, auditing, financial reporting, corporate finance and corporate governance, as well as experts in investing in public companies. "The SAG consists of experts who have a stake in the preparation of informative, accurate and independent audit reports. Its members are an important source of insight and advice to the Board," said PCAOB Chairman James R. Doty.

Sridhar Ramamoorti is a Director in the Corporate Governance Center and a professor of accountancy at Kennesaw State University. His research explores the nature and determinants of professional judgment and decision-making expertise among seasoned auditors and forensic accountants. Dr. Ramamoorti also has authored numerous books, monographs, and articles.

Congratulations to Sri!

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