E-Alert No. 22 - January 2012  


    AICPA
    AICPA Audit Committee
    Effectiveness Center E-Alert

    January 2012 E- Alert No. 22

    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.

    1. COSO Internal Control Integrated Framework Exposure Draft – Comments Due March 31, 2012 
    2. Free webcast on Jan. 31 from 12:30 PM to 2PM EST, to help Audit Committees understand the proposed update 
    3. PCAOB Reproposes Standard on Communications with Audit Committees – Comments Due February 29, 2012 
    4. Strengthening Your Enterprise’s Risk Oversight for Strategic Benefit – Conference – March 29 – 30, 2012  
    5. AICPA Letter to PCAOB Raises Concerns About Mandatory Audit Firm Rotation 
    6. PCAOB Staff Audit Practice Alert No. 9, Assessing and Responding to Risk in the Current Economic Environment 
    7. Briefing Paper for Financial Reporting- Measurement Uncertainty in Financial Reporting: How Much to Recognize and How Best to Communicate It 
    8. Audit Committee Toolkits 
    9. Case Studies on ERM Implementations: Practical Illustrations for Launching Effective Enterprise Risk Oversight
    10. Risk Assessment for Mid-Sized Companies: Tools for Developing a Tailored Approach to Risk Management 
    11. The Best of Boards: Sound Governance and Leadership for Nonprofit Organizations 
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