Authors: Louis Braiotta
ISBN-13: 9780471488842, ISBN-10: 0471488844
Format: Hardcover
Publisher: Wiley, John & Sons, Incorporated
Date Published: February 2004
Edition: 4th Edition
Louis Braiotta, JR., CPA, is a professor of accounting in the School of Management at SUNY Binghamton. During his career, he has worked at Ernst & Ernst (now Ernst & Young). He was the 2002–2003 recipient of the New York State Society of CPAs' Dr. Emanuel Saxe Outstanding CPA in Education Award.
R. Trent Gazzaway is the national managing partner of audit services for Grant Thornton LLP.
Robert H. Colson, PHD, CPA, is a partner in the public policy and external affairs group of Grant Thornton LLP. He is responsible for the firm's engagement with academic researchers and a wide range of policy leaders associated with capital markets, accounting, auditing, financial regulation, and corporate governance.
Sridhar Ramamoorti, PHD, CPA/CITP/CFF, is a Principal with Infogix Advisory Services, Infogix, Inc., a software controls company. Previously, he was a corporate governance partner with Grant Thornton LLP.
More than ever before, audit committees areaccountable for their company's financials, especially amidst the uncertainties arising from the changing statutory, regulatory, legal, and risk environment for corporations, directors, and officers, as well as theaccounting and auditing substance of audit committees' jobs.
Completely updated to help you operate in thisever-changing environment, The Audit Committee Handbook, Fifth Edition fills the need for an up-to-date reference that helps busy professionals perform their oversight responsibilities.
The Fifth Edition features:
With action-oriented coverage to accommodate recent regulatory changes, this Fifth Edition provides in-depth guidance and up-to-date information on all functions, duties, and responsibilities of audit committees.
With numerous references to leading organizations in both the public and private sectors, The Audit Committee Handbook, Fifth Edition is invaluable as a comprehensive professional reference that—in a practical and actionable way—boils down key areas of concern for audit committee members.
Preface | ||
Acknowledgments | ||
Pt. 1 | Getting Acquainted with Your Responsibilities | 1 |
1 | Corporate Accountability: The New Environment | 1 |
2 | Audit Committees: Basic Roles and Responsibilities | 42 |
3 | The External Users of Accounting Information | 97 |
4 | The Legal Position of the Audit Committee | 143 |
5 | Rules of the Road - Auditing and Related Accounting Standards | 178 |
Pt. 2 | The Planning Function of the Audit Committee | 197 |
6 | An Overview of Audit Planning | 199 |
7 | Audit Committees's Role in Planning the Audit | 219 |
Pt. 3 | The Monitoring and Reviewing Functions of the Audit Committee | 233 |
8 | Monitoring the System of Internal Control | 235 |
9 | Monitoring the Internal Audit Function | 249 |
10 | Reviewing Accounting Policy Disclosures | 291 |
11 | A Perspective on Fraud and the Auditor | 320 |
12 | Reviewing Certain General Business Practices | 349 |
Pt. 4 | The Reporting Function and the Audit Committee | 371 |
13 | Independent Auditors' Reports | 373 |
14 | The Audit Committee's Report and Concluding Observations | 389 |
App. A | Accounting, Auditing, and Attestation Standards Topical Index of References to Accounting Principles Board, Financial Accounting Standards Board, Statement on Auditing Standards, Statement on Standards for Attestation Engagements, and Accounting Standards Executive Committee Pronouncements as of June 30, 2003 | 405 |
App. B | Professional Accounting Associations, Business Organizations, Boards, Commissions, and Directors Publications | 413 |
Index | 417 |