Audit Committees: A Guide for Directors, Management, and Consultants

Focusing primarily on publicly held companies, but with chapters on nonprofit and public sector entities, two certified public accountants detail the operations and responsibilities of audit committees. Not expecting a cover-to-cover read of the guide, except possibly from the neophyte, the authors have designed it as a reference source. Chapters cover historical and legal developments, understanding financial statements, audit committee responsibilities, oversight of internal control, relationships to internal and external auditors, audit committee meetings, termination of external auditors, audit committee evaluation, and legal liabilities of audit committees and members. Annotation c. Book News, Inc., Portland, OR (booknews.com)