Martin Baumann serves as an adjunct professor with The Washington Campus, helping lead its programs in accounting and public policy and financial regulation.
Mr. Martin Baumann is the former Chief Auditor and Director of Professional Standards at the Public Company Accounting Oversight Board (PCAOB). He oversaw landmark standard-setting projects in recent years to benefit investors by increasing the transparency of the audit and the usefulness of the audit report. He also oversaw the drafting and adoption of a suite of eight new auditing standards that created a new framework to enhance the effectiveness of the auditor's assessment of, and response to, the risks of material misstatement in financial statements.
As chief auditor, he chaired the PCAOB Standing Advisory Group, which provides advice to the Board on future standard-setting activities. He represented the Board in meetings with the Financial Accounting Standards Board, the International Auditing and Assurance Standards Board, and the International Ethics Standards Board for Accountants, among other regulatory and standard-setting organizations. Mr. Baumann joined the PCAOB in 2006, and served as Director of the Office of Research and Analysis from 2007 to 2009, before becoming Chief Auditor. In this role, he led a team that evaluated emerging accounting and auditing risks to inform all the key functions of the PCAOB.
Mr. Baumann served as an Executive Vice President of Finance and Chief Financial Officer of Freddie Mac with responsibility for accounting, corporate planning, taxation, shareholder relations, and market and operating risk oversight since March 2003. Mr. Baumann joined Freddie Mac having served as Partner, and Deputy Chairman of the World Financial Services Practice, and as Global Banking Leader for PricewaterhouseCoopers. During his 33-year career at PwC, his clients have included some of the largest financial services firms in North America. As PwC's lead partner for each of these clients, Mr. Baumann has led numerous projects in risk management, infrastructure development and internal controls.
He earned a Bachelor of Arts in accounting from Queens College and a Master in Business Administration in finance from Baruch College. He also completed Columbia Business School's Executive Program in Business Administration. He is a certified public accountant.