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Biographical Notes

The following is a list of the current members of the IAAC

Jeanette Franzel (United States of America) - Member

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Ms. Jeanette Franzel has extensive experience and expertise in financial and performance auditing, governance, risk, internal controls, financial reporting, compliance, and emerging risks and trends in the accounting profession.

Currently, Ms. Franzel serves on the Ernst and Young (EY) Independent Audit Quality Committee for the U.S. Audit Practice. In this capacity, she advises EY senior leadership on topics related to audit quality for audits of companies around the world that are traded on U.S. markets.

Ms. Franzel also provides expert consulting to the Center for Audit Excellence at the U.S. Government Accountability Office (GAO). She has led projects to provide strategic and technical assistance to build audit capacity in the Supreme Audit Institutions (SAI) of the Republic of Armenia, the Dominican Republic, and the Bahamas.

Ms. Franzel is a Board Member of the North Carolina Association of CPAs (NCACPA) and is a member of the NCACPA’s Diversity, Equity, and Inclusion (DEI) Working Group. Ms. Franzel also served as the inaugural Chair of the DEI Working Group.

She has also served on the Research Advisory Board of the Center for Audit Quality (CAQ), advising the CAQ in promoting independent academic research that has an important, real-world impact on audit quality.

Ms. Franzel served for six years as a Board Member of the Public Company Accounting Oversight Board (PCAOB) where she provided strategic oversight for all PCAOB mission programs to oversee the audits of public companies and brokers and dealers that file with the Securities and Exchange Commission (SEC).

Ms. Franzel brought extensive audit experience to the PCAOB after a distinguished career at the GAO. She ended her tenure as Managing Director, overseeing all aspects of GAO’s financial audits of the U.S. federal government. She also provided leadership for GAO’s interdisciplinary teams, which performed a wide range of high-profile performance audits related to how well federal agencies met their objectives and missions. During and after the financial crisis, Ms. Franzel’s team provided oversight of the U.S. government’s efforts to stabilize the financial markets and promote economic recovery.

Ms. Franzel has testified numerous times before congressional committees and subcommittees on governance and accountability issues.

She has received numerous awards for her public service, and service to the accounting profession and accounting education in the United States and internationally.

She is a Certified Public Accountant (CPA) and Certified Internal Auditor (CIA), and received her Master of Business Administration (MBA) degree from George Mason University in Fairfax, Virginia.