Liza McAndrew Moberg, Director of the Office of International Affairs, to Leave the PCAOB

Washington, Sep. 30, 2021

The Public Company Accounting Oversight Board (PCAOB) today announced that Liza McAndrew Moberg has decided to leave the PCAOB at the end of this year.

Ms. McAndrew Moberg joined the PCAOB in 2013 and became Director of the Office of International Affairs in 2018, leading the PCAOB's efforts to advance cross-border engagement and representing the PCAOB internationally before non-U.S. regulators and multilateral organizations.

"Working effectively with audit oversight authorities in foreign jurisdictions is crucial for the PCAOB to fulfill its statutory mandate," said Acting Chairperson Duane M. DesParte. "Leveraging her deep expertise and experience, Liza has played a lead role in diplomatically and collaboratively engaging with the global audit oversight community to facilitate our cross-border cooperation and advance important and complex policy initiatives."

During her tenure at the PCAOB, Ms. McAndrew Moberg played a lead role in securing the successful signing of multiple cooperative and data protection agreements with authorities in European countries. She and her team also were instrumental in the Board's recent adoption of Rule 6100, Board Determinations Under the Holding Foreign Companies Accountable Act (HFCAA).

Ms. McAndrew Moberg currently represents the PCAOB on the Board of the International Forum of Independent Audit Regulators (IFIAR), a Tokyo-based organization dedicated to serving the public interest, including investors, by enhancing audit oversight globally. For several years, she led IFIAR's task force conducting and publishing reports on its annual global survey of audit inspection findings.

"I am proud to have been a part of the PCAOB's extensive contribution to international collaboration in pursuit of improved audit quality globally," said Ms. McAndrew Moberg. "I wish to express my appreciation for the talent and camaraderie of the PCAOB's incomparable Office of International Affairs team, to the current and former PCAOB Board members and staff with whom I was privileged to work, and to my colleagues and friends around the world."

Acting Chairperson DesParte added, "I am grateful for the support Liza has provided me and the organization, and for her agreeing to stay on through the end of this year to facilitate a smooth transition and advance our important HFCAA responsibilities. We thank Liza for her distinctive service, and while we will miss her, we wish her all the best in her future endeavors."

Ms. McAndrew Moberg joined the PCAOB from the Securities and Exchange Commission's Office of International Affairs, where she served as senior adviser to the director. She joined the Commission staff in July 2007 as a professional accounting fellow in the Office of the Chief Accountant's International Affairs group.

Ms. McAndrew Moberg began her career with PricewaterhouseCoopers LLP's Silicon Valley audit practice and concluded in the firm's national office. Her time with PwC included several years outside of the United States performing audits of U.S.-listed multinational companies.

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About the PCAOB

The PCAOB is a nonprofit corporation established by Congress to oversee the audits of public companies in order to protect investors and further the public interest in the preparation of informative, accurate, and independent audit reports. The PCAOB also oversees the audits of brokers and dealers, including compliance reports filed pursuant to federal securities laws.

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