The CEO and the audit committee. (Governance): An article from: Chief Executive (U.S.)
Book Details
Author(s)J. Michael Cook
PublisherChief Executive Publishing
ISBN / ASINB00092NTN4
ISBN-13978B00092NTN3
AvailabilityAvailable for download now
Sales Rank13,241,477
MarketplaceUnited States 🇺🇸
Description
This digital document is an article from Chief Executive (U.S.), published by Chief Executive Publishing on April 1, 1993. The length of the article is 1634 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.
From the supplier: Audit committees have become an essential component of the financial reporting process as focus on corporate governance intensifies. Such committees have been proven to enhance the quality and credibility of financial reports, thereby increasing the responsiveness of management and board of directors to the needs of shareholders and other constituents. The value of audit committees was underscored when the Treadway Commission's 1987 Report concluded that these committees prevent fraudulent financial reporting. The report laid out recommendations and good practice guidelines for the audit committee, including supervising the annual and quarterly financial reporting process, and regularly reporting to the board of directors. There is no clear guidelines regarding the CEO-audit committee interaction, but the success of the relationship would depend on the firm's circumstances and the skills and priorities of the individuals involved.
Citation Details
Title: The CEO and the audit committee. (Governance)
Author: J. Michael Cook
Publication:Chief Executive (U.S.) (Magazine/Journal)
Date: April 1, 1993
Publisher: Chief Executive Publishing
Issue: n84 Page: p44(4)
Distributed by Thomson Gale
From the supplier: Audit committees have become an essential component of the financial reporting process as focus on corporate governance intensifies. Such committees have been proven to enhance the quality and credibility of financial reports, thereby increasing the responsiveness of management and board of directors to the needs of shareholders and other constituents. The value of audit committees was underscored when the Treadway Commission's 1987 Report concluded that these committees prevent fraudulent financial reporting. The report laid out recommendations and good practice guidelines for the audit committee, including supervising the annual and quarterly financial reporting process, and regularly reporting to the board of directors. There is no clear guidelines regarding the CEO-audit committee interaction, but the success of the relationship would depend on the firm's circumstances and the skills and priorities of the individuals involved.
Citation Details
Title: The CEO and the audit committee. (Governance)
Author: J. Michael Cook
Publication:Chief Executive (U.S.) (Magazine/Journal)
Date: April 1, 1993
Publisher: Chief Executive Publishing
Issue: n84 Page: p44(4)
Distributed by Thomson Gale
