Audit Committee Formation in the Aftermath of 2007-2009 Global Financial Crisis, Volume I

Preface

The wave of financial scandals at the turn of the 21st century and the 2007–2009 global financial crisis brought corporate governance to center stage, encouraged massive regulations, rules, standards, and best practices that redefined the corporate governance structure and established significant corporate governance reforms. The audit committee, as an integral component of these corporate governance reforms, redefined its own framework for engaging in and overseeing all aspects of corporate governance, financial reporting, internal controls, and audit activities. This book presents all applicable laws, regulations, rules, standards, guiding principles, and best practices affecting the operation, structure, resources, and functions of ...