Frederick Lipman, Barry Genkin, and Yelena Barychev authored the "Audit Committees" portfolio, published by the Bureau of National Affairs, Inc.
The handbook addresses:
- The establishment and maintenance of effective audit committees after the Sarbanes-Oxley Act of 2002 as well as the historical development of audit committees prior to 2002.
- The implications of two influential documents: the Report & Recommendations of the Blue Ribbon Committee on Improving the Effectiveness of Corporate Audit Committees; and the study commissioned by the Committee of Sponsoring Organizations of the Treadway Commission (the COSO Report).
- The potential major policy and procedural issues facing today's audit committee as well as the functions and the responsibilities of a typical committee.
- The particular situation of audit committees of insured depository institutions and not-for-profit entities is examined and the role of audit committee counsel.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.