Audit Committees : European Union lagging behind United States
Part of : Αρχείον οικονομικής ιστορίας ; Vol.XVI, No.2, 2004, pages 127-140
Issue:
Pages:
127-140
Author:
Abstract:
The purpose of this article is to clarify the Audit Committees role and responsibilities within the business framework. It also highlights the gap between the U.S. Sarbanes-Oxley Act Section 301 and the proposed EU legislation that, though the pressure by various local regulatory bodies, is going to be adopted by all member states during 2005.
Subject:
Subject (LC):
Keywords:
Audit Committees, Auditing, Corporate Govermance, EU Directives, Sarbanes- Oxley, Statutory Audit, EC Action Plan
Notes:
JEL classification: M4, M42
