The AICPA Audit Committee Toolkit

This version of the popular audit committee toolkit is written to help audit committees of public companies to achieve best practices for managing and incorporating their role in the organization.  Now with a CD-ROM, this Toolkit offers a broad sampling of checklists, matrices, reports, questionnaires and other pertinent materials  specifically tailored to public companies including and designed to make audit committee best practices actionable. 

The AICPA Audit Committee Toolkit series is the cornerstone of the Audit Committee Effectiveness Center, located at www.aicpa.org/AudCommCtr.

Since it was launched in late 2003, the AICPA Audit Committee Effectiveness Center (www.aicpa.org/audcommctr) has earned a reputation as a respected source for audit tools, forms and information by both AICPA membership and the business public. The Center’s two main features—the Audit Committee Toolkit series and the Audit Committee Matching System — are part of the AICPA’s continuing efforts to support public interest in audit-related issues.

This 2nd edition of the Audit Committee Toolkit  is focused solely on public companies and includes some new tools such as a tool for reponding to adverse SOX reports and another for responding to material weakness(es) in internal control.. This edition also featues updates and revisions that reflect significant changes to SEC and PCAOB regulations and standards that occurred in the last four years. We will keep this and other versions of the Audit committeeToolkit updated as additional developments occur; we will also issue new ones periodically. 

The AICPA is grateful to CNA for its continued sponsorship of the Audit Committee Effectiveness Center and the Toolkit.

 If you have questions on how to use the tools contained in this book, suggestions for new or additional tools, or other feedback, please write to us at acms@aicpa.org.