The Audit Committee Handbook (IIA (Institute of Internal Auditors) Series)

• Understand the role and responsibilities of the audit committee with a general update and reality check on auditing cycle activities
• Identify the developments that impact audit committee practices and the latest techniques and strategies for committee meetings
• Develop a repertoire of effective strategies to help the board of directors discharge its fiduciary responsibility to the stockholders
• Prepare a periodic assessment of professional development activities and an informed review of both audit processes and financial reporting processes
• Understand the legal aspects of the audit committee and role of legal counsel, as well as fraudulent financial reporting

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