Management Override of Internal Controls The Achilles Heel of Fraud Prevention

Article:  The purpose of this document is to offer guidance to audit committees in addressing the risk of fraud through management override of internal control over financial reporting. By effectively overseeing management and addressing the risk of management override, audit committees increase the likelihood of preventing, deterring, and detecting fraudulent financial
Published on March 16, 2010

Managment Override of Internal Controls

Article:  Management override of internal controls is the Achilles" heel of fraud prevention. The purpose of this document is to offer guidance to audit committees in addressing the risk of fraud through management override of...
Published on April 23, 2010

Adding Value, Not Bureaucracy Linking Governance, Enterprise Risk Management and Internal Controls

Article:  Most organizations already have an effective system of internal controls that focuses on operations, reporting and compliance. Enterprise Risk Managment (ERM) moves beyond internal controls in its connection to strategy-setting and helping organizations achieve their goals
Published on April 23, 2010

ACEC E-Alert 2011 Archive

Article:  2011 Archives of the AICPA Audit Committee Effectiveness Center E-Alert.
Published on November 27, 2012

Adding Value Not Bureaucracy - Linking Governance Enterprise Risk Management and Internal Controls PDF

Article:  Organizations are beginning to recover from the financial crisis of 2008, and many are instituting or improving practices that may help prevent another crisis (or lessen the impact, should another crisis occur). Risk management is the area most frequently targeted for improvement; many organizations are being asked by their boards,
Published on April 30, 2013

Benefits of Audit Committee Charters for Not-for-Profit Organizations

Article:  ...and governance. Achieving these oftentimes elusive goals requires more than traditional business know-how and insights into industry and sector trends. It calls for a robust combination of strong internal controls
Published on May 28, 2010

E-Alert No. 20- June 2011

Newsletter:  This alert serves as a notification for new developments in Audit Committee Effectiveness Center as of June 2011.
Published on November 01, 2012

A Unified Approach to Risk Management

Article:  The growing consensus     is that companies must take a more comprehensive approach to enterprise risk management (ERM) and that both management and the audit committee must play meaningful roles in the process. Building on the passage of the Sarbanes-Oxley Act (SOX) in 2002, which
Published on March 16, 2010

The Best of Boards Sound Governance and Leadership for Nonprofit Organizations (Summary)

Article:  The Best of Boards: Sound Governance and Leadership for Nonprofit Organizations By Marci Thomas, CPA, MHA and Kim Strom-Gottfried, Ph.D. This book offers an introduction to the most important things that board members and nonprofit executives need to know.  Throughout the book are case studies, tools and templates that
Published on June 17, 2011

Audit Committee Briefs

Article:  Audit Committee briefs and other information for audit committees of public companies, private companies, not-for-profit organizations and government organizations.
Published on May 08, 2013

Audit Committee Briefs- 2010

Newsletter:  Audit Committee briefs and other information for audit committees of public companies, private companies, not-for-profit organizations and government organizations.
Published on November 02, 2012

2011 Disciplinary Actions

Disciplinary Actions:  January 2011 April 2011 July 2011  October 2011 Anderson, Traci J. Broullire, Joseph
Published on February 07, 2013

2010 Disciplinary Actions

Disciplinary Actions:  Disciplinary actions for 2010.
Published on February 04, 2013

E-Alert No. 22 - January 2012

Article:  This E-Alert is sent to voluntary subscribers of the AICPA Audit Committee Effectiveness Center and is intended to serve as a notification of these new developments from the Audit Committee Effectiveness Center.
Published on April 24, 2012

Audit Committee Effectiveness Center E-Alert

Newsletter:  Audit Committee E-Alerts from the Audit Committee Effectiveness Center.
Published on November 27, 2012