The Board of Directors and Audit Committee Guide to Fiduciary Responsibilities

The Board of Directors and Audit Committee Guide to Fiduciary Responsibilities
Author: Sheila Moran
Publisher: AMACOM
Total Pages: 244
Release: 2013-07-21
Genre: Business & Economics
ISBN: 0814431674
GET BOOK

You took the highly coveted position on the board or audit committee--now it’s time to figure out what you’re doing. And with SEC scrutiny at an all-time high, there is little room for growing pains. Boards and audit committees can now be held liable for acts of fraud and other corporate malfeasance even if they had no knowledge of wrongdoing in the organization.But relax! This comprehensive and practical guide greatly simplifies complex corporate governance standards, while mitigating the risks involved in the arduous work and increasing dramatically the positive effect over the enterprise that motivated you to take the position you did. Inside these essential pages, discover 10 crucial steps every governing body should take, including:• Cultivate independence • Build a balanced team • Address stakeholder concerns • Approach risk proactively • Spearhead fraud deterrence initiatives • And moreYou should be commended for taking on the duties you have, not intimidated. With this invaluable resource by your side, you can learn how best to satisfy the requirements of board service while also protecting yourself, the other board members, and the organization you have committed to lead to success.

The Director's Manual

The Director's Manual
Author: Peter C. Browning
Publisher: John Wiley & Sons
Total Pages: 206
Release: 2016-01-14
Genre: Business & Economics
ISBN: 1119133378
GET BOOK

Directors: Improve Board Performance The Director's Manual: A Framework for Board Governance offers current and aspiring board members essential up-to-date governance guidance that blends rigorous research-based information with the wisdom found only through practical, direct experience. The book's flexible approach to solving governance issues reflects the authors' belief that no two boards and the cultural dynamics that drive them are the same. As such, the advice offered reflects recognizable leadership dynamics and real world, relevant organizational situations. The book's two authors, Peter C. Browning, an experienced CEO and member of numerous boards and William L. Sparks, a respected organizational researcher, combine their individual experiences and talents to create a book that is both innovative and applicable to directors in any industry sector. Specific best practice guidance is designed to help board members and their directors understand the unique strengths and challenges of their own board while at the same time provide targeted information that drives needed improvements in board performance and efficiency. Specifically, this book will help board members: Explore practical advice on key issues, including selection, meeting schedules, and director succession Consider board performance from multiple perspectives, including cultural and group dynamics Discover how to effectively manage classic problems that arise when making decisions as a group Access a comprehensive set of assessment questions to test and reinforce your knowledge The Director's Manual: A Framework for Board Governance offers practical advice to guide you as you lead your organization's board.

The Audit Committee Handbook

The Audit Committee Handbook
Author: Louis Braiotta, Jr.
Publisher: Wiley
Total Pages: 0
Release: 2010-03-22
Genre: Business & Economics
ISBN: 9780470560488
GET BOOK

The Audit Committee Handbook, Fifth Edition The Audit Committee Handbook, Fifth Edition guides you to: Understand the role and responsibilities of the audit committee with a general update and reality check on auditing cycle activities Identify the developments that impact audit committee practices and the most current techniques and strategies for committee meetings Develop a repertoire of effective strategies to help the board of directors discharge its fiduciary responsibility to shareholders Prepare a periodic assessment of professional development activities and an informed review of both audit processes and financial reporting processes A must-have for all audit committee members, board directors, corporate secretaries, CEOs, CFOs, and auditors involved in the accounting practices of their firms, The Audit Committee Handbook, Fifth Edition is the most authoritative work on audit committees in the marketplace.

The Duties and Liabilities of the Board of Directors

The Duties and Liabilities of the Board of Directors
Author: David Larcker
Publisher: Pearson Education
Total Pages: 39
Release: 2011-04-21
Genre: Business & Economics
ISBN: 0132821419
GET BOOK

This Element is an excerpt from Corporate Governance Matters: A Closer Look at Organizational Choices and Their Consequences (9780132180269) by David Larcker and Brian Tayan. Available in print and digital formats. A primer on what corporate board members should be doing: expert guidance on advisory and monitoring functions, compliance, fiduciary duty, independence, and more. When asked what areas directors should pay most attention to, other than profitability and shareholder value, directors list future growth, risk management, and development of human capital as top priorities. Other areas of focus include cultural development, executive compensation, and compliance. Still, some evidence indicates that directors prefer advisory functions to monitoring functions....

The Audit Committee Handbook

The Audit Committee Handbook
Author: Louis Braiotta, Jr.
Publisher: Wiley
Total Pages: 416
Release: 2004-03-15
Genre: Business & Economics
ISBN: 0471650862
GET BOOK

Written to help audit committees plan their agendas and achieve their mission in corporate governance, The Audit Committee Handbook helps professionals: Understand the role and responsibilities of the audit committee with a general update and reality check on auditing cycle activities Identify the developments that impact audit committee practices and the latest techniques and strategies for committee meetings Develop a repertoire of effective strategies to help the board of directors discharge its fiduciary responsibility to the stockholders Prepare a periodic assessment of professional development activities and an informed review of both audit processes and financial reporting processes Understand the legal aspects of the audit committee and role of legal counsel, as well as fraudulent financial reporting Order your copy today!

The Audit Committee Handbook, Custom Edition

The Audit Committee Handbook, Custom Edition
Author: Louis Braiotta, Jr.
Publisher: Wiley
Total Pages: 0
Release: 2008-01-28
Genre: Business & Economics
ISBN: 9780470226421
GET BOOK

"The Audit Committee Handbook, Fourth Edition serves as an excellent and functional road map for audit committee members, corporate board members, and practitioners operating within today's vastly changing regulatory environment . . . providing the tools for better adherence to the newly enacted, higher standards of corporate responsibility." —Jo Ann Golden, CPAPast president, New York State Society of Certified Public Accountants Partner, Dermody, Burke & Brown, CPA, PLLC The classic guide to audit committee responsibilities–completely updated to cover the newest regulations Since the publication of the Third Edition of The Audit Committee Handbook in 1999, the accounting world has been turned on its heel by the major debacles of Enron, WorldCom, Tyco, and others. With major reform in the air, audit committee members need the most current information available to help them adhere to the new guidelines. The Audit Committee Handbook, Fourth Edition fills the need for an up-to-date reference to help busy professionals perform oversight responsibilities during this time of great financial liability. This newly updated Fourth Edition features: Checklists and practical guidance to help audit committee members meet their responsibilities in this new era of accountability The latest guidance for compliance from the SEC and the major stock exchanges New material addressing the scandals of the past two years and their impact on audit committees Guidance from the IIA on how to work with internal auditors

Claiming Your Place at the Boardroom Table: The Essential Handbook for Excellence in Governance and Effective Directorship

Claiming Your Place at the Boardroom Table: The Essential Handbook for Excellence in Governance and Effective Directorship
Author: Thomas Bakewell
Publisher: McGraw Hill Professional
Total Pages: 305
Release: 2014-09-26
Genre: Business & Economics
ISBN: 0071833595
GET BOOK

THE QUICK-ANSWER GUIDE TO YOUR CORPORATE GOVERNANCE QUESTIONS Serving on a corporate board isn't what it used to be. In today's complex business landscape, meaningful corporate governance requires solid skills in problem-solving, relationship-building, crisis management, leadership development, management oversight, and much more. Written for both seasoned and first-time directors, Claiming Your Place at the Boardroom Table is a roadmap to becoming a highly knowledgeable and effective board member. Whether you’re dealing with intricate business regulations, powerful personalities, crucial audits, or the many other challenges that come with serving on a board, you’ll find all the information and insights you need in these pages. Written by experts in the field, Claiming Your Place at the Boardroom Table covers: The essential objectives of the corporate board An overview of effective corporate board service Securing an invitation to your first corporate board Positioning to join your next or ideal corporate board Understanding financial issues board members must cover All the critical information you need to know about public company reporting Proven ways to be a leading member of any board you serve on Packed with real-life case studies illustrating the best of the best practices, Claiming Your Place at the Boardroom Table helps you identify and navigate nuances that will make all the difference in becoming an outstanding board member. Fascinating discussions of legal cases, reporting requirements, regulatory matters, reputational risks, and lessons on all the overarching fiduciary duties of directors are included. Being a member of a corporate board can be a remarkably rewarding journey both professionally and personally--if you go in with the right attitude, skills, knowledge, and instincts. Claiming Your Place at the Boardroom Table takes you step by step down this exciting path to make it the most enriching experience it can be. PRAISE FOR CLAIMING YOUR PLACE AT THE BOARDROOM TABLE: "An excellent resource tool for all directors--a book that I know will be a "go-to" book for both new and seasoned board members." -- Margaret M. Foran, Chief Governance Officer, VP & Corporate Secretary, Prudential Financial, Inc.; Director, Occidental Petroleum, Inc.; former Chairman, Society of Corporate Secretaries and Governance Professionals "A terrific handbook for every executive and director looking to achieve excellence in governance, and a great read." -- Benjamin F. (Tad) Edwards IV, Chairman, CEO and President, Benjamin F. Edwards & Co., Director Cass Information Systems, Inc. "Practical and substantive; directors will find useful and productive. Bakewell is an expert who earned the right to share with influence and impact." -- Nido Qubein, President, High Point University; Chairman, Great Harvest Bread Company; Director, BB&T, La-Z-Boy Corporation, and Dots, LLC "Rarely does a book have insights to offer to such a wide range of people. For first-time directors, experienced directors, up and coming executives, academicians, and investors, it is a must-read." -- James S. Turley, former Chairman and CEO, Ernst & Young; Director, Citigroup, Emerson Electric Company, and Boy Scouts of America; and Trustee, Rice University "Tom Bakewell has been active in the governance community for many years. His wisdom and insights, presented here, are entertaining, informative, and clearly worth the read for both the new and veteran director. Don't miss it!" -- Professor Charles Elson, Director, Weinberg Center for Corporate Governance, University of Delaware; Director, HealthSouth

The Handbook of Board Governance

The Handbook of Board Governance
Author: Richard Leblanc
Publisher: John Wiley & Sons
Total Pages: 892
Release: 2016-05-16
Genre: Business & Economics
ISBN: 1118895606
GET BOOK

Build a more effective board with insight from the forefront of corporate governance The Handbook of Board Governance provides comprehensive, expert-led coverage of all aspects of corporate governance for public, nonprofit, and private boards. Written by collaboration among subject matter experts, this book combines academic rigor and practitioner experience to provide thorough guidance and deep insight. From diversity, effectiveness, and responsibilities, to compensation, succession planning, and financial literacy, the topics are at once broad-ranging and highly relevant to current and aspiring directors. The coverage applies to governance at public companies, private and small or medium companies, state-owned enterprises, family owned organizations, and more, to ensure complete and clear guidance on a diverse range of issues. An all-star contributor list including Ram Charan, Bob Monks, Nell Minow, and Mark Nadler, among others, gives you the insight of thought leaders in the areas relevant to your organization. A well-functioning board is essential to an organization’s achievement. Whether the goal is furthering a mission or dominating a market, the board’s composition, strategy, and practices are a determining factor in the organization’s ultimate success. This guide provides the information essential to building a board that works. Delve into the board’s strategic role in value creation Gain useful insight into compensation, risk, accountability, legal obligations Understand the many competencies required of an effective director Get up to speed on blind spots, trendspotting, and social media in the board room The board is responsible for a vast and varied collection of duties, but the singular mission is to push the organization forward. Poor organization, one-sided composition, inefficient practices, and ineffective oversight detract from that mission, but all can be avoided. The Handbook of Board Governance provides practical guidance and expert insight relevant to board members across the spectrum.

Governance in the Digital Age

Governance in the Digital Age
Author: Brian Stafford
Publisher: John Wiley & Sons
Total Pages: 126
Release: 2019-04-09
Genre: Business & Economics
ISBN: 1119546745
GET BOOK

A new edition of the #1 text in the human computer Interaction field! This book seeks to chart the technology-fueled changes taking place in the field of corporate governance and describes the impact these changes are having on boards and the enterprises they govern. It also describes what the future could look like once companies truly embrace the power of technology to change governance. Additionally, this book will provide a set of "suggested action steps" for companies and their boards focused on ways they can leverage technology tools to enhance governance immediately. Through a review of the latest governance research, interviews with key thought leaders, and case studies of enterprises that have embraced governance technology, readers will be armed with new insights and approaches they can take to enhance the work of their boards and senior leaders to reach new levels of performance. Explains how to use design and evaluation techniques for developing successful interactive technologies Demonstrates, through many examples, the cognitive, social and affective issues that underpin the design of these technologies Provides thought-provoking design dilemmas and interviews with expert designers and researchers Uses a strong pedagogical format to foster understanding and enjoyment An accompanying website contains extensive additional teaching and learning material including slides for each chapter, comments on chapter activities, and a number of in-depth case studies written by researchers and designers.