Audit Committees: A Guide for Directors, Management and Consultants. (Bookshelf).Audit Committees: A Guide for Directors, Management and Consultants. By Frank M. Burke and Dan M. Guy. Aspen Law & Business, 382 pages. $120. Good timing isn't everything in publishing, but it certainly helps. Audit committees have been an area of intense interest, post-Enron, and the second edition of Audit Committees has been updated with information about the latest requirements from the Securities and Exchange Commission, New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. , National Association of Securities Dealers National Association of Securities Dealers (NASD) Nonprofit organization formed under the joint sponsorship of the investment bankers' conference and the SEC to comply with the Maloney Act, which provides for the regulation of the OTC market. and American Stock Exchange American Stock Exchange (AMEX) Stock exchange in the U.S. Originally known as “the Curb,” it began as an outdoor marketplace in New York City c. 1850. It moved indoors to its present location in the Wall Street area in 1921. . The word "guide" in the title isn't used loosely. The book is packed with information, beginning with an overview of the need for audit committees and then reviewing the history of regulatory initiatives like the Treadway Commission of 1987 and the Blue Ribbon blue ribbon denotes highest honor. [Western Folklore: Brewer Dictionary, 127] See : Prize Panel of 1999 it's real meat, however, comes in step-by-step advice taking a company through every aspect of establishing and operating an audit committee. Along the way, it talks about an audit panel's responsibilities oversight, relationships with internal and external auditors The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. , running the meetings themselves, legal liability and more important points are summarized concisely at the end of each chapter. There's nothing fancy about this book, but at the point in time, it might just belong in the library of any sizable company. |
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