Download or read book Audit Committees written by Australian Institute of Company Directors and published by AICD. This book was released on 2008 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Role and responsibilities of Audit Subcommittees of Boards. Provides a practical introduction to the role of and responsibilities of the audit committee. Explains the context in which an audit committee typically operates and outlines good practice. Reflects developments in audit committee practice, legislation and gudance from regulatory bodiesand leading global board practices since 2001."--Provided by publisher.
Download or read book The Audit Committee Performing Corporate Governance written by Laura F. Spira and published by Springer Science & Business Media. This book was released on 2007-05-08 with total page 191 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why do we need to understand audit committees? The Cadbury Committee recommended that UK companies should adopt them in response to financial scandals that have stemmed from dubious financial reporting practices. In other countries, similar commissions have made similar recommendations and audit committees are now a common institution. However, many practitioners doubt whether an audit committee really does much to ensure the integrity of a firm's financial statements because, as outsiders, members don't know enough to dig deeply beneath the numbers. The Audit Committee: Performing Corporate Governance argues that such criticism overlooks the ceremonial function of these committees. The audit committee is an arena where members can form and strengthen shifting and fragmentary networks with each other and with the external auditors. Within these networks, both consensus and independence are demonstrated, generating comfort, which legitimises the company and maintains its access to external sources of capital. The audit committee is a key part of the corporate governance structure within an organisation. Many in the UK have been patched together to meet regulatory requirements and their operation is poorly understood because few people other than their members have access to their deliberations. In this account of the world of audit committees the practitioner will find the ethnographical perspectives on ceremonial performance, consensus, independence, and comfort both familiar and different. It's like looking at a photograph of something commonplace from an unusual angle or through a strange-shaped lens.
Download or read book The Audit Committee Handbook written by Louis Braiotta, Jr. and published by John Wiley & Sons. This book was released on 2010-02-22 with total page 415 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Audit Committee Handbook, Fifth Edition The Audit Committee Handbook, Fifth Edition guides you to: Understand the role and responsibilities of the audit committee with a general update and reality check on auditing cycle activities Identify the developments that impact audit committee practices and the most current techniques and strategies for committee meetings Develop a repertoire of effective strategies to help the board of directors discharge its fiduciary responsibility to shareholders Prepare a periodic assessment of professional development activities and an informed review of both audit processes and financial reporting processes A must-have for all audit committee members, board directors, corporate secretaries, CEOs, CFOs, and auditors involved in the accounting practices of their firms, The Audit Committee Handbook, Fifth Edition is the most authoritative work on audit committees in the marketplace.
Download or read book The Role of Audit Committee in Corporate Governance written by and published by . This book was released on 2014 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt: Corporate governance is very important in our business world today, especially after the frequent non-stop worldwide financial crises. Strong corporate governance is now considered a basic condition to accept and register an organization in most of the Stock Exchange Markets all over the world. The audit committee plays a major role in corporate governance regarding the organization's direction, control, and accountability. As a representative of the board of directors and main part of the corporate governance mechanism, the audit committee is involved in the organization's both internal and external audits, internal control, accounting and financial reporting, regulatory compliance, and risk management. This paper focuses on the audit committee's powers, functions, responsibilities, and relationships within the framework of corporate governance.
Download or read book Audit Committees written by Gerald S. Backman and published by Wolters Kluwer Law and Business. This book was released on 2004 with total page 650 pages. Available in PDF, EPUB and Kindle. Book excerpt: To help companies comply with the new recently enacted requirements, theauthors have compiled this edition as a working volume on audit committeesfor everyday use by corporate audit committee members, directors,general counsel, outside counsel and legal scholars specializing in this areaof corporate governance, among others.This thoroughly new edition includes all the materials one might need toconsult in order to create, maintain, advise and/or serve on awell-functioning audit committee, including:the relevant provisions of the Sarbanes-Oxley Actthe newly adopted SEC rules and regulations impacting audit committeeindependence, duties, powers and disclosuresthe revised listing standards of the New York Stock Exchange, NASDAQ and theAmerican Stock Exchange relating to audit committee composition,responsibilities and functions.It also contains an illustrative selection of "best practices" foraudit committee chairs and members.For the convenience of the reader, the authors have included an index that isdesigned to identify the location of information by subject matter that maynot be readily apparent from the Table of Contents.
Download or read book Audit Committee Briefing written by Curtis C. Verschoor and published by . This book was released on 2000 with total page 78 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Audit Committees written by Frank M. Burke and published by CCH. This book was released on 2008-08 with total page 468 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Audit Committee Effectiveness written by Catherine L. Bromilow and published by Iia Research Foundation. This book was released on 2005 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Audit Committee Essentials written by Curtis C. Verschoor and published by John Wiley & Sons. This book was released on 2008-04-30 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: Praise for Audit Committee Essentials "Audit Committee Essentials is an excellent and comprehensive resource, documented with key references and illustrated with real-life company examples for all types of commercial and nonprofit enterprises. Dr. Verschoor brings into focus the intertwined impact of risk management, internal controls, and ethics on oversight responsibilities for both the audit committee and the entire board of directors. From my personal perspective as an audit committee member and as a director of both profit and nonprofit entities, this book should be required reading for corporate management, boards of directors, and their committees." --George K. Gill, Chairman and CEO of PetAg, Inc.; Director and member of the Investment and Audit Committees of the United Methodist Foundation of Northern Illinois "Maintaining the highest ethical standards is critical to the success of not-for-profits in today's world. Dr. Verschoor's book provides a practical, highly prescriptive approach to ensuring that governance processes meet the highest expectations of managers, employees, volunteers, contributors, and other stakeholders. I am very impressed with the readability of the book. It definitely raises one's awareness of the need for a thought-out plan that ensures strong financial and ethical credibility." --John S. Maxson, President and CEO Greater North Michigan Avenue Association, Chicago, Illinois A concise and readable account of the audit committee's roles and responsibilities The Sarbanes-Oxley Act has changed the way all corporations now operate, regardless of size. In Audit Committee Essentials, goverance expert Curtis Verschoor explains with great detail and razor-sharp precision why internal control is so critical, emphasizing financial literacy, a requirement under Sarbanes-Oxley, as well as oversight of the financial reporting process and related controls, ethics and the internal and independent audits. Written for seasoned professionals as well as newly assigned board members, Audit Committee Essentials is a vital tool in order to stay abreast of the rapidly changing governance requirements and responsibilities of audit committees.
Download or read book The Role of Audit Committees in Corporate Governance written by Australia. Parliament. Joint Committee on Corporations and Securities and published by . This book was released on 1993 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Board of Directors and Audit Committee Guide to Fiduciary Responsibilities written by Sheila Moran and published by AMACOM. This book was released on 2013-07-21 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: You took the highly coveted position on the board or audit committee--now it’s time to figure out what you’re doing. And with SEC scrutiny at an all-time high, there is little room for growing pains. Boards and audit committees can now be held liable for acts of fraud and other corporate malfeasance even if they had no knowledge of wrongdoing in the organization.But relax! This comprehensive and practical guide greatly simplifies complex corporate governance standards, while mitigating the risks involved in the arduous work and increasing dramatically the positive effect over the enterprise that motivated you to take the position you did. Inside these essential pages, discover 10 crucial steps every governing body should take, including:• Cultivate independence • Build a balanced team • Address stakeholder concerns • Approach risk proactively • Spearhead fraud deterrence initiatives • And moreYou should be commended for taking on the duties you have, not intimidated. With this invaluable resource by your side, you can learn how best to satisfy the requirements of board service while also protecting yourself, the other board members, and the organization you have committed to lead to success.
Download or read book Entrenching Good Corporate Governance written by Kenneth Odusanya and published by . This book was released on 2007 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Corporate Governance Best Practices written by Frederick D. Lipman and published by John Wiley & Sons. This book was released on 2006-08-08 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt: Praise for Corporate Governance Best Practices "A thorough and thoughtful guidebook on the governance lay of the land." -Professor Charles M. Elson, Woolard Chair in Corporate Governance and Director of Weinberg Center for Corporate Governance, University of Delaware "Frederick Lipman provides a comprehensive approach to best corporate governance practices for all organizations, which is current, thoughtful, and practical. Directors and corporate governance personnel of public, private, and not-for-profit organizations must read this book." -Professor Raphael H. Amit, Director of Goergen Entrepreneurial Management Program, Wharton School of Business "Fred Lipman is considered by many directors and CEOs to be the preeminent expert on corporate governance in the country. His advice on this important topic, which impacts the boards of all types of organizations-public, private, and not-for-profit-is required reading in this day and age." -Frederick (Ted) Peters, Chairman and Chief Executive Officer, Bryn Mawr Bank Corporation (aka The Bryn Mawr Trust Company) "Boards of directors must be aware of best corporate governance practices in order to be effective in their oversight role and that is true for all not-for-profit organizations, including universities, as well as public and private companies. Frederick Lipman has authored a practical and comprehensive guide to 'best practices' for all boards of directors, which is required reading." -George P. Tsetsekos, PhD, Dean, Bennett S. LeBow College of Business, Drexel University "In a world of 'good,' 'better,' 'best,' where 'good' and 'better' may not be good enough, Fred Lipman's new book is a straightforward, and even comforting, compendium of BEST governance practices for serious directors. It is a handy and reassuring tool for the conscientious." -Allen R. Freedman, Audit Committee Chairman, StoneMor Partners LP,Founding Director, Association of Audit Committee Members
Download or read book The Influence of the Audit Committee on the Internal Audit Department in the System of Corporate Governance in Ghana written by Wiredu Richard and published by GRIN Verlag. This book was released on 2020-06-04 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: Academic Paper from the year 2020 in the subject Business economics - Accounting and Taxes, grade: 1.00, Kwame Nkrumah University of Science and Technology, language: English, abstract: The study seeks to ascertain the practices of the audit committee and internal audit improving corporate governance among companies in Ghana, with specific attention to analysing the audit committee's impact on improving internal audit operations, identifying the relationship between the internal audit unit and the audit committee members. Moreover, the author analyzes the impact of the internal audit department and audit committee members on the risk management strategy of companies. The author aims to exam the relationship that exists among the audit committee, internal audit, and its part in the corporate governance system. A critical analysis of the circumstances leading to the collapse of businesses shows that the majority of these corporate failures could be avoided if effective audit committees and internal audit departments are in place to check management activities, especially concerning financial reporting and other accounting practices. The study results were obtained by using data gathered from the internal auditors and audit committee members through the questionnaire survey method.
Download or read book The Role of Audit Committees in Corporate Governance written by Australia. Parliamentary Joint Committee on Corporations and Securities and published by . This book was released on 1993 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Audit Committees in Central Banks written by Marie-Thrse Camilleri Gilson and published by International Monetary Fund. This book was released on 2007-04 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper reviews the tasks and design of audit committees, increasingly recommended as a way to strengthen financial accountability and good central bank governance. It outlines the motivations for the establishment of audit committees in commercial corporations and public sector entities, and explains how audit committees interact with other governance bodies within a central bank. The paper focuses on the functions of an audit committee, since the terminology of the governance structure is often country-specific. It summarizes operational issues to consider in designing an effective audit committee and discusses the implications for central bank legislation.
Download or read book The Role of the Audit Committee in Corporate Governance written by Egon Zehnder International and published by . This book was released on 2001 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt:
