Berardino, Joseph F.; Jonas, Gregory J.
November 1999
Financial Executive;Nov/Dec99, Vol. 15 Issue 6, p36
Academic Journal
The article discusses audit committee integrity and its importance to the work of the chief financial officer. A symposium sponsored by the Financial Executives International featured executive speakers with 90% of them speaking about the changing roles of audit committees and the increasing risks of doing business. The increasing changes in the finance industry have caused financial report systems to be out of date and the book values of companies lacking a relationship to market values. This has created the need for financial executives to create a new system offering capitalists and financiers confidence in the company's ability to adapt to change, generate cash, and continue earnings.


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