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Audit Committee Brief: Third Quarter 2007

Audit Committee Brief is a publication for audit committee members that provides leading practices, an overview of corporate governance resources, updates on the regulatory environment and references to relevant tools and resources.

This edition includes:

  • Highlights from reports issued by the Aspen Institute and Committee for Economic Development about focusing on long-term corporate performance
  • An outline of the PCAOB’s proposed new ethics and independence rule, Communication with Audit Committees Concerning Independence
  • A summary of the SEC’s recent approval of AS 5 (Auditing Standard No. 5) and the definition of “significant deficiency”
  • An overview of the SEC’s concept release on the role of IFRS (International Financial Reporting Standards) in the United States
  • Select results from the Center for Audit Quality’s investor confidence survey
  • Regulatory highlights and outlook.
Find the complete Third Quarter 2007 issue of Audit Committee Brief in the attachment below. Or visit our Audit Committee Brief Archive where you can access past issues. Subscribe to a complimentary e-mail version of Audit Committee Brief.
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Audit Committee Brief: Third Quarter 2007 (257 KB)
October 2007

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Last Updated: October 2, 2007
Source: Deloitte LLP - United States (English)

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