Skip to content

ASHA Announces Formation of New Audit Committee



Lexington, Kentucky - The American Saddlebred Horse Association (ASHA) has formed a new Audit Committee.

Following authorization from the ASHA Board of Directors at the February 2012 board meeting, ASHA has formed a new Audit Committee, which will now be one of the Standing Committees of the organization.  The Audit Committee’s primary function will be oversight of:

Financial statements and financial reporting, including financial controls

Ensuring the independence and qualifications of external auditors

Compliance with legal, ethical and regulatory requirements

Prudent management of business and financial risk

One of the initial tasks of the ASHA’s Audit Committee will be to carefully review the recommendations made by the external auditors regarding any and all deficiencies following the annual audit, and to recommend policies and procedures to the full Board in response to the suggestions of the external auditors.

Members of the Audit Committee must be free from any relationship that might interfere with their exercise of independent judgment;  the majority of the members of this Committee are not board members of ASHA.  The members of the Audit Committee all have business and/or financial backgrounds that will enable them to discharge their responsibilities on this important Committee.

The Chair of the ASHA Audit Committee is Dr. Margaret McNeese, a physician who serves as the Associate Dean for Admissions and Student Affairs at the University of Texas Medical School at Houston;  Dr. McNeese is a member of the Board and the Executive Committee of ASHA, and she will serve as the primary liaison between the Audit Committee and the ASHA Board.  The other three members of the ASHA Audit Committee are Kayce Bell, the Chief Operating Officer for the Alabama Credit Union in Tuscaloosa, Alabama; Chris Long-Schubert, a businesswoman from Knoxville, Tennessee;  and Tom Effermeyer, a Private Banker with PNC Wealth Management (PNC Bank)  from Chicago, IL.  Tandy Patrick, the President of ASHA, who is a corporate/business attorney, is an ex-officio member of the Committee.

More Stories

  • David Rand Clinic To Be Held In Florida

    A weekend with David Rand is going to be held on February 15 and 16 at West Coast Morgans in Odessa, Florida (25 minutes from the Tampa Airport). Rand is the trainer of countless world champions and the winner of prestigious awards from UPHA, AMHA and other associations... Read More
  • World’s Championship Horse Show Judges Selected

    The Kentucky State Fair World’s Championship Horse Show would like to announce the judges for the 2020 show... Read More
  • Elisabeth Goth LLC Consigns Entries to Robertson Equine Sales

    On Saturday, March 28, as many as 75 horses from Elisabeth Goth LLC and/or Elisabeth Goth’s breeding program will be available to the public for the first time at public auction... Read More
  • Obituary – Virginia Ann Hanson

    Virginia Ann Hanson, of Cornwall, Ontario, Canada (formerly of Big Oak Morgan Horse Farm, Lunenburg, Ontario) passed away at age 91. She was born January 14, 1929 in Newton, Massachusetts... Read More
  • Latest Issue 1 20 20

    Read More
  • What Matters? History Matters.

    As we come together next week in Lexington, KY for the UPHA annual convention, it’s interesting to note that the official registration and schedule notes that the UPHA is “joined by the American Hackney Horse Society, the American Morgan Horse Society, the American Road Horse and Pony Association, the American Saddlebred Horse Association, the American Saddlebred Museum, and the American Saddlebred Registry.”  Read More
  • Morgan Stallion Sweeps Set to Draw February 15th | Get Your Tickets Today

    The Morgan Stallion Sweeps, a raffle program featuring services to 15 of the top Morgan Stallions, today announced that tickets will be available at the upcoming UPHA National Conference and the New England Winter Weekend, and will continue to be available online at morganstallionsweeps.com... Read More
  • Complete Dispersal of Dr. Raun's Operations to be Held March 7 at Reedannland, Norwalk, Iowa

    Robertson Equine Sales LLC has been selected to manage the complete dispersal of Dr. Alan Raun’s legendary Reedannland breeding and training operations. Featuring 50-plus American Saddlebred horses of exceptionally choice breeding, all tack, and all equipment and trailers, the consignments are placed by The Estate or Trust of Dr. Alan R. Raun. Read More
  • Saddle Horse Report's 31st Annual World's Champion Sire Rating

    It’s that time of year when the most devoted to our sport, the breeders, pour over the statistics as they make their bloodline matches for the upcoming breeding season. The biggest hope is to find the right cross to produce a foal that will go on to win our most coveted prize: a Louisville blue ribbon. Read More
  • Gayle Lampe to Host Saddle Seat Riding Clinic

    Gayle Lampe is conducting a saddle seat riding clinic at William Woods University in Fulton, Missouri March 1-5, 2020. Riders are welcome to come for as many days as they wish; however, it is recommended to stay for at least three days... Read More