audit committees

• Audit committees

• The Quality of Audit Process: An Empirical Study with Audit Committees

The recent financial scandals (Enron in the USA, Batam in Tunisia) showed the inability of classic approaches and their measure indicators to estimate the relevance of audit works. We consider that the audit quality control must reside at the level of audit process. This position is adopted by the financial security law in Tunisia which encourages the evaluation of the audit quality, by the audit committee. The objective of this paper is the construction of measurement scales of the audit process quality for audit committees or for other governance organ concerned with the audit quality. The conception and the validation of this measurement scales were done on the Tunisian ground by adopting Churchill approach. Articulating qualitative phases and quantitative phases based on two researc...

• International Journal of Business
• Vol. 15 Nbr. 1, January 2010

• 12 CFR 620.30 - Audit committees.

• Code of Federal Regulations - Title 12: Banks and Banking

• Audit Committees

Audit committees are a key institution in the context of corporate governance. They ensure that boards of directors fulfill their fin...

• Encyclopedia of Business and Finance
• A-I

• 12 CFR 363.5 - Audit committees.

• Code of Federal Regulations - Title 12: Banks and Banking

• Characteristics: Of Effective Audit Committees in Federal, State and Local Governments

To provide improved information on government audit committees, the objective of this research was to identify the characteristics of effective, mature audit committees at all levels of government -- local, state and federal. While no all-encompassing legal or regulatory requirements exist for government audit committees, many governments have successfully implemented audit committees to strengthen their internal and external audit functions, internal controls, financial management, financial reporting and overall governance. With a few exceptions, most interviewees think that their audit committee is effective, meets the goals for which it was established, and improves the entity's financial management and overall governance. Governments have a great deal of discretion in how they stru...

• Journal of Government Financial Management, The
• Vol. 58 Nbr. 1, April 2009

• 12 CFR 917.7 - Audit committees.

• Code of Federal Regulations - Title 12: Banks and Banking

• 17 CFR 240.10A-3 - Listing standards relating to audit committees.

• Code of Federal Regulations - Title 17: Commodity and Securities Exchanges

• The Effect of Globalization On Governance Transparency

Kang and Kim explain that domestic acquirers are more likely to engage in post-acquisition governance activities when targets suffer from severe agency problems. Al-Shammari and Al-Sultan suggest that Kuwaiti regulatory authorities require listed companies to establish audit committees to improve transparency. Elbannan contributes to the intense debate on costs and benefits of the SOX internal control-related provisions. Dong and Xue examine various domestic and international legal forces that are shaping and changing the environment within which listed Chinese companies practice corporate governance.

• Economics, Management and Financial Markets
• Vol. 5 Nbr. 1, March 2010

• Assessment of Internal Auditing by Audit Committees

INTRODUCTION Many companies have made large investments in internal auditing in recent years and they want to ensure that the internal audit function ...

• Academy of Accounting and Financial Studies Journal
• Vol. 14 Nbr. 2, April 2010

• M&A risks rise without pre-closing due diligence: boards and audit committees should insist that merger agreements provide for pre-closing FCPA due diligence and that it be undertaken thoroughly and cooperatively.

When negotiating mergers and acquisitions, officers and directors must often act quickly and decisively. During these critical moments, it is often ne...

• Financial Executive
• Vol. 26 Nbr. 7, September 2010