Bordeaux Room, Lobby Level, Executive Conference

Marriott Marquis Hotel, Atlanta

Present: Abe Akresh (VP-Practice), Andy Bailey (Historian), Mike Bamber (President), Joe Carcello (VP-Academic), Stan Biggs (Past President), Audrey Gramling (Secretary), Rick Tubbs (Treasurer)

 Bamber, President, called the meeting to order at 7:40 am.

Welcome to New XC Members (M. Bamber)

Bamber welcomed the new XC members:  J. Carcello (VP - Academic), A. Bailey (Historian), and R. Tubbs (Treasurer).

Approval of nominees for VP-Academic and Secretary (S. Biggs)

Biggs reported on the nominating committee's activities and provided the slate of nominees.  Biggs moved that the XC accept the recommended slate; Tubbs seconded.  The XC unanimously approved the slate.  The slate follows:

Vice President-Academic

            Urton Anderson

            Jean Bedard

 Secretary

            Mohammad "Ali" Abdolmohammadi

            William Dilla

 Vice President-Practice

            George Krull

 Approval of nominees for awards

Distinguished Service (A. Akresh)

Akresh noted that the committee, comprised of A. Akresh (chair), F. Neumann, R. Roussey, T. Powell, R. Sack, recommended that Lyn Graham receive the Distinguished Service Award.  Akresh moved to accept the committee's recommendation. Biggs seconded.  The XC passed the motion unanimously.

Akresh also noted that the committee recommended a recipient for a special AAA award.  Akresh has discusses this issue with Mary Stone.

ACTION:  Akresh will notify the award winner.

Notable Contribution to the Auditing Literature (M. Bamber)

Bamber noted that the committee, chaired by Knechel, is currently working on making a selection. 

 ACTION:  Bamber will follow up with Knechel on the committee's work.

 Outstanding Educator (S. Biggs)

The committee, comprised of I. Solomon, S. Biggs (committee chair), P. Munter, and E. Patterson, recommended that B. Cushing be selected to receive the award.  Biggs moved to accept the committee's recommendation.  Akresh seconded.  The XC passed the motion unanimously.

ACTION:  Biggs will notify the award winner.

Outstanding Dissertation (M. Bamber)

Bamber noted that the chair of this committee was M. Abdolmohammadi.  The committee members include Rich Houston, Kathryn Kadous, and Rachel Schwartz.  The committee made a recommendation.  Tubbs moved that we accept the committee's recommendation.  Carcello seconded.  The XC passed the motion unanimously.

ACTION:  Bamber will discuss with M. Abdolmohammadi the need to contact the award winner. 

Bamber will follow up to determine when the award will be given during the 2002 Audit Midyear Meeting. 

Outstanding Dissertation Recommendation

Bamber noted that the criteria for the award had not previously been included in the call, and that in the future the criteria should be included in the call. 

ACTION:  Carcello will ensure that the future call will include the criteria.

Policy statement regarding Outstanding Dissertation Award (M. Bamber)

Akresh moved that we delete the sentence immediately following the list of criteria, as currently indicated in the operating manual. Biggs seconded.  The XC passed the motion unanimously.

Akresh made a motion to change the submission format for the award.  The motion included a change from "Five copies of a single paper . . ." to "Electronic copy of a paper . . ."  Tubbs seconded.  The XC passed the motion unanimously.

Carcello moved and Akresh seconded the following change in the call for nominations for this award.  Add a fourth bullet to indicate "To submit an electronic copy of the dissertation."  The XC passed the motion unanimously.

ACTION:  Bailey will update the Operating Manual to reflect these approved changes.

Bailey will also change the policy statement regarding when the plaques will be presented to the winners. 

Solicitation / Notification Dates for Awards

The XC discussed modifying the operating manual to change the solicitation date for all four awards.  Biggs moved that solicitation occur in the Winter/Spring edition of Auditor's Report.  Additionally Biggs moved that the notification deadline for the Notable Contribution to Literature Award be changed to October 1.  Carcello seconded both motions.  The XC passed the motions unanimously.

Update on 2003 Midyear Conference Plans - Hotel Selection (Bob Ramsay / M. Bamber)

Bamber presented a report prepared by R. Ramsay addressing the site selection for the 2003 meeting.  The recommended hotel is the Huntington Beach Hilton. 

Tubbs made a motion to approve the Huntington Beach Hilton; Carcello seconded the motion.  The XC passed the motion unanimously.

Publication Issues

ACTION:  Bamber will follow up with A. Wright regarding ways to address the increasing costs associated with publication of AJPT.

Other Business

ASC's Activities

Akresh noted that the ASC plans to email the ASB's "In our opinion" to the membership of the Auditing Section.

The ASC will also notify the membership via email of any exposure drafts of auditing standards. 

Akresh will notify ASC that the XC has approved this email correspondence.

Next meeting of the XC

The next meeting of the XC will be Thursday, January 17, 2002 prior to the Audit Midyear Meeting in Orlando. 

Bamber adjourned the meeting at approximately 9:50 am.

Submitted by Audrey A. Gramling, Georgia State University
Secretary