The Audit Committee Handbook - Hardcover

With the current financial meltdown, new guidance from COSO and PCAOB has made audit committees even more accountable in their role of overseeing the audit function. The Audit Committee Handbook, Fifth Edition provides completely updated and expanded guidance on all functions and responsibilities of the audit committee. The Fifth Edition contains the latest regulatory changes that impact audit committees. Audit committee members, auditors, controllers, and board members will benefit from the new guidance on fraud risk and guidance found in this, the most authoritative work on audit committees.

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:

• Updates from the latest regulatory changes

• New chapters covering internal and external audit planning and oversight

• New coverage of fraud risk

• Broader international coverage

• Advice on complying with myriad regulations while managing costs and maintaining a business focus—rather than one of compliance

• Discussion of current trends and developments that maximize the effectiveness of audit committees

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.