The Board of Directors and Audit Committee Guide to Fiduciary Responsibilities: Ten Critical Steps to Protecting Yourself and Your Organization



BY SHEILA MORAN, CFE, CPA AND RONALD KRAL, CPA, CMA


Description

This book streamlines action steps to fulfilling the requirements of board service. This guide will teach you how to mitigate the risks that can arise while serving on board and audit committees in the U.S. You will also uncover 10 steps every governing body must take to increase effectiveness.

You Will Learn How To:

  • Cultivate independence
  • Build a financially literate team
  • Direct external audit
  • Scrutinize financial statements
  • Address risk proactively




Product Details

COPYRIGHT 2013
ISBN 978-0-8144-3166-5
Hardcover, 203 PAGES
AMACOM PUBLISHING

Table of Contents:


  • Chapter 1: Nominate Independent Directors
  • Chapter 2: Establish a Culture of Action
  • Chapter 3: Evaluate the Audit Committee
  • Chapter 4: Direct the External Audit
  • Chapter 5: Scrutinize the Financial Statements
  • Chapter 6: Leverage Internal Audit and Outside Resources
  • Chapter 7: Satisfy Regulators and Other Stakeholders
  • Chapter 8: Address Risk Proactively
  • Chapter 9: Spearhead Fraud-Deterrence
  • Chapter 10: Expect the Unexpected