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Audit Committees: Regulation and Practice, Second Edition by Gerald S. Backman, Anne Marie Salan

Audit the SEC Audit Committee Rules & Stock Exchange Listing Requirements!
Audit Committees: Regulation and Practice, Second Edition
by Gerald S. Backman, Anne Marie Salan
List Price: $265.00  
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Imprint: Aspen Publishers
ISBN: 9780735546011
Looseleaf: 2,016 pages
Last Updated: 12/8/2009
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To help companies comply with the new recently enacted requirements, the authors have compiled this edition as a working volume on audit committees for everyday use by corporate audit committee members, directors, general counsel, outside counsel and legal scholars specializing in this area of corporate governance, among others.

This thoroughly new edition includes all the materials one might need to consult in order to create, maintain, advise and/or serve on a well-functioning audit committee, including:

  • the relevant provisions of the Sarbanes-Oxley Act
  • the newly adopted SEC rules and regulations impacting audit committee independence, duties, powers and disclosures
  • the revised listing standards of the New York Stock Exchange, NASDAQ and the American Stock Exchange relating to audit committee composition, responsibilities and functions.

It also contains an illustrative selection of "best practices" for audit committee chairs and members.

For the convenience of the reader, the authors have included an index that is designed to identify the location of information by subject matter that may not be readily apparent from the Table of Contents.


  1. Summary of Contents
  2. Special Note: The Role of the Audit Committee in Corporate Governance by Ira M. Millstein
  3. An Overview of the New Audit Committee Standards
  4. New Sec Regulations Affecting Audit Committees
  5. Auditor Independence and Accounting Issues
  6. Other Sarbanes-Oxley Provisions Affecting Audit Committees
  7. New Listing Standards of the Self-Regulatory Organizations Affecting Audit Committees
  8. Transitional Periods for New Regulations
  9. The Audit Committee Charter
  10. Sample Audit Committee Reports and Discussions for Proxy Statement
  11. Other Sample Audit Committee-Related Items
  12. Audit Committee Self-Assessment Guides
  13. The Audit Committee Calendar
  14. Financial Reporting 'Red Flags' and Key Risk Factors
  15. Sample Questions for Audit Committees
  16. Selected Articles on New Audit Committee Regulations
  • Appendix A. The Sarbanes-Oxley Act Of 2002
  • Appendix B. Deloitte & Touche Llp, Audit Committees Resource Guide Deloitte & Touche Llp, Public Sector Audit Committees Resource Guide
  • Appendix C. Ernst & Young Audit Committee Toolkit
  • Appendix D. PricewaterhouseCoopers LLP, Current Developments For Audit Committees 2003 Index