When Should an Audit Committee Consider Independent Counsel?

As widely reported and discussed since July 2002, the Sarbanes-Oxley Act of 2002 (the Act) imposes a substantial number of new responsibilities on the audit committee of a public company required to file periodic reports under the Securities Exchange Act. This article discusses those responsibilities.

18 minute readSeptember 01, 2003 at 03:48 PM
By
Jeffrey E. Jordan
Peter Macleod
When Should an Audit Committee Consider Independent Counsel?

As widely reported and discussed since July 2002, the Sarbanes-Oxley Act of 2002 (the Act) imposes a substantial number of new responsibilities on the audit committee of a public company

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