Tag:

audit committee

Latest Headlines

Latest Headlines

PCAOB ponders new audit improvement methods

The Public Company Accounting Oversight Board (PCAOB) has shown a commendable willingness under chairman James Doty to wade into controversial areas that has put the board in some crosshairs.

Creating a board risk committee

The idea of a board risk committee has gained currency as of late.

Directors' attitudes toward risk management

Since the financial crisis, corporate boards have been forced to grapple in greater detail with risk management. So we may see directors laser in on these issue over the next year or so, a wise move

Time for an auditor's narrative in statements?

You have to give new PCAOB chairman James Doty credit for making audited financial statements a big priority. The fact is that these statements in substance and form have not changed dramatically

Audit committees double as risk committees

Since the passage of Sarbanes-Oxley in 2002, the audit committees of corporate boards have increasingly found themselves in the spotlight, which has often proved harsh indeed. These committees found

How to ease CFO audit pressures

Since the passage of Sarbanes-Oxley back in 2002, audit committees have found themselves under a lot more pressure. And that pressure may have been transferred to CFOs--one reason perhaps that we're

More companies consider compliance committees

Is it time for you to set up a compliance committee? To some degree, this might be a more pressing question depending on the industry you are in. Some companies may have already set up such

Despite zeal for Sarbanes Oxley, Chinese companies run into trouble

Chinese companies have always tended to view Sarbanes-Oxley differently than companies in the United States. Chinese companies, especially those that wanted to trade here, tended to be much less

Big corporate boards getting less diverse

It's no secret that corporate boards aren't exactly bright, shiny reflections of the American population. Diversity has long been an issue, and was raised anew by a recent Huffington Post article. It

Dodd-Frank director changes about to hit

One of the Dodd Frank rules set to take effect in July involves the independence of compensation committee members and their consultants. The SEC, per the law, has come forward with a proposal that