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Audit Committees: How Good Are They?

✍ Scribed by F.Todd DeZoort; Dana R. Hermanson; Richard W. Houston

Publisher
John Wiley and Sons
Year
2002
Tongue
English
Weight
69 KB
Volume
13
Category
Article
ISSN
1044-8136

No coin nor oath required. For personal study only.

✦ Synopsis

Abstract

Audit committees must bear some of the blame for recent corporate scandals. Perhaps they were asleep at the
switch. But how much financial expertise do audit committee members really have? And how often do they
discuss materiality issues with auditors? A national survey of 300 audit committee members provides some
answersβ€”and not all of them are comforting. Β© 2002 Wiley Periodicals, Inc.

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