Audit Committee Issues

During this session on January 13, 2010, we focused on Audit Committee Issues.

This year’s Audit Committee Issues covered accounting, reporting and regulatory developments that should be considered by audit committees and their advisors, including:

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  Current FASB projects and standards updates, including consolidations, fair value and contingencies
  
  
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  Internal control attestation for small companies
  
  
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  The latest on international accounting standards convergence and conversion

The panel also discussed the ever-increasing list of matters that are (or that some parties would like to make) audit committee responsibilities.

This session was moderated by Foley Partner Mark T. Plichta, and included panelists Richard Herlin, Partner, Deloitte & Touche LLP and John K. Wozniak, Corporate Vice President and Chief Accounting Officer, Motorola, Inc. and Isaac Kaufman, Director for Hanger Orthopedic Group, Kindred Healthcare, Inc. and Trans World Entertainment.