AICPA publishes audit committee guidelines.

• Position: National

The American Institute of Certified Public Accountants (AICPA) has published a "how-to" guide for audit committees--the AICPA Audit Committee Toolkit--to help audit committees meet the responsibilities mandated by the Sarbanes-Oxley Act of 2002.

The Toolkit provides comprehensive advice on audit committee duties such as agenda-setting, conducting executive sessions, and evaluating the effectiveness of auditors and the audit committee. It also offers basic information on important topics such as internal...