General Guidelines for Auditing Section Committees
1.
Committee members are appointed by the Vice President-Academic.
2.
Committee Size – Large committees tend to be cumbersome and often create
significant coordination difficulties. Therefore committees should have no more
than 7 members (i.e., Chairperson and 6 member), unless there are specific
reasons for more members. Chairpersons should obtain the approval of the Vice
President-Academic if they want to have a larger committee.
3.
Terms of Service – Committee members serve terms of office of one to three
years. If the term of office is more than one year, a reappointment is required
each year. Where multiple year terms are involved, appointments should be made
such that some members carry over from the previous year (normally one-third of
the committee will be replaced each year). Chairpersons may be appointed for one
or two year terms. In some cases, the chairperson position may follow a
three-year pattern of Vice-Chair, Chair and Past-Chair.
4.
Committees should be encouraged by their XC liaison to post committee yearly
agendas (or objectives) and committee reports on the Auditing Section web site.
All postings to the web site should have prior approval by the XC liaison.
5.
Committee Liaison Process
A.
Prior to appointing committee members, the Vice President-Academic should
contact each Executive Committee Liaison and discuss plans for the coming year
for each committee. The Vice President-Academic should inform the Liaison of any
special tasks that he/she may have in mind for particular committees. For
committees without special tasks, the Vice President-Academic and the XC Liaison
should discuss plans for the committee.
B.
XC Liaisons should contact their committee chairperson by September 1 to:
·
offer help and contact with XC as needed
·
discuss charges if needed
·
explain that 2 brief interim reports (due December 15 and April
15) and a final report (due July 15) are to be emailed to the XC Liaison for
distribution to the XC. Reports should include
·
goals
·
plans,
·
progress to date
·
any issues needing XC attention
C.
Send reminders to committee chairpersons about due dates for reports six weeks
prior to due date (November 1, March 1 and June 1) and two weeks prior to the
due date (December 1, April 1 and May 15).
D. Be prepared to present reports of committees at the XC meeting in
August.
AUDITING
STANDARDS COMMITTEE
Structure: Members appointed for three-year terms, with one‑third of
committee membership rotating on/off each year. The Chair also serves for three
years (first year as vice-chair, second year as chair, and third year as past
chair).
Charge: To foster interaction between
the Auditing Section and auditing standard‑setting bodies, including the Public
Company Accounting Oversight Board (PCAOB), the Auditing Standards Board (ASB),
the International Auditing and Assurance Standards Board (IAASB), and the
Institute of Internal Auditors, (IIA), the committee will:
1. Issue comment
letters on selected proposed audit standards issued by the PCAOB, ASB, IAASB,
IIA, and others. The committee will prepare such letters for submission to the
appropriate standard-setter, posting on the Section web site, and publication in
The Auditor's Report.
2. Sponsor a
panel session at the Midyear meetings to expose attendees to issues facing
auditing standard-setters.
3. Provide input
to Section members on the auditing research implications of projects that are on
the agendas of these standard‑setting bodies.
4. Monitor
auditing research for indications of problems with existing auditing standards.
5. Stimulate
research activities on issues that are expected to be of interest to these
standard setting bodies.
6. Where
possible, provide ad hoc reports at meetings of these standard‑setting bodies on
research findings that suggest potential changes in standards.
7. Communicate
the progress and results of committee activities to Auditing Section members in
appropriate ways, including, but not limited to, the presentation of a brief
report at the Section's annual business meeting.
CPE COMMITTEE
Structure: The Committee will
consist of three members each of whom are appointed for three-year terms.
Each member will serve in the first year as Vice-chairperson, in the second year
as Chairperson, and third year as Past Chairperson.
Charge:
1.
Provide information to Auditing Section Regional Coordinators and to AAA
Regional Program Chairs to assist them in structuring auditing‑related CPE
activities at the regional level.
2.
Arrange for and administer a CPE session in conjunction with the Auditing
Section Mid‑Year Meeting.
3. Arrange for one or more auditing‑related CPE sessions in conjunction with the
AAA Annual Meeting.
4. Interact with the Auditing Section's Education, Research, and Auditing Standards Liaison
Committees, and with the American Accounting Association's Director of Faculty
Development, as appropriate to carrying out the activities in items 1 to 3.
5. Present a brief report on CPE activities at the Section's annual business meeting.
EDUCATION COMMITTEE
Structure: Members appointed for
three-year terms, with one‑third of committee membership rotating on/off each
year. The Chair also serves for three years (first year as vice-chair, second
year as chair, and third year as past chair).
Charge:
1.
Foster the development of teaching materials and methods for the improvement of
auditing education.
2.
Foster the integration of auditing research findings into auditing teaching
materials and curricula.
3.
Foster research on the effectiveness and efficiency of alternative approaches to
auditing education.
4.
Complete education;related projects assigned by the Section President and/or
Executive Committee.
5.
Interact with the American Accounting Association's Accounting Education
Advisory Committee, and with the Auditing Section's CPE Committee, as
appropriate to carrying out the activities in items 1-4.
6.
Communicate the progress and results of Committee activities to Auditing Section
members in appropriate ways, including but not limited to the presentation of a
brief report at the Section's annual business meeting.
RESEARCH
COMMITTEE
Structure: Members appointed for
three-year terms, with one‑third of committee membership rotating on/off each
year. Chair appointed for two-year term.
Charge:
1. Investigate and promote opportunities for auditing and assurance
research.
2. Foster innovations in auditing and assurance research.
3. Facilitate the communication of auditing and assurance research
findings to members of the practice community.
4. Complete research‑related projects assigned by the Section President
and/or Executive Committee.
5. Interact with the AAA Research Advisory Committee.
6. Interact with the Auditing Standards Committee concerning their
research activities.
7. Communicate the progress and results of Committee activities to
Auditing Section members in appropriate ways, including but not limited to the
presentation of a brief report at the Section's annual business meeting.
NOMINATING COMMITTEE
1. Obtain at least two names
to be placed in nomination for the following offices:
a. Vice President‑ Academic
b. Vice President ‑ Practice (can be re-selected for a second term)
c. Secretary
d. Treasurer
2. Select two retiring
regional chairmen to serve on the Nominating Committee in the ensuing year.
3. Issue report of nomination
to President by May 1.
COMMUNICATIONS COMMITTEE
STRUCTURE AND CHARGE AS OF JANUARY 1998
Structure: Members appointed for three-year terms. Chair appointed for
two-year term.
Charge:
1.
Responsible for maintenance of the Auditing Section's web-site.
2.
Responsible for oversight of the electronic dissemination of the Auditing
Section's newsletter.
3. Assess the cost and feasibility of electronic dissemination of the Auditing
Section's journal and other
reports, studies, and administrative communications.
4. Interact/liaison with the appropriate representatives of the American
Accounting Association (to be identified) on issues related to association-wide use of electronic forms
of communication.
5. Work with the Education Committee to monitor the development and use of
distance learning models
and report emerging trends to the members of the Auditing Section.
6. Foster innovations in the use of electronic forms of communication that will
enhance the Auditing Section's ability to achieve its strategic objectives.
7. Communicate the progress and results of Committee activities to Auditing
Section members in appropriate ways, including but not limited to the presentation of a brief
report at the Section's annual business meeting.
*The Auditing Section's web-site can be found at: /audit/
MEMBERSHIP & REGIONAL COORDINATOR
COMMITTEE
Structure: The committee will consist
of a Chairperson, Vice-Chairperson and a Regional Coordinator from each region
(one of the Regional Coordinators will also serve as the Vice-Chairperson). At
the discretion of the Executive Committee other members may be appointed (e.g.,
from practice or from regions outside the USA). The Vice-Chairperson will serve
a one-year term and will ordinarily be appointed the Chairperson in the year
following service as a Vice-Chairperson. Members will normally serve one-year
terms. However, the Chairperson may serve for a total of two years, one year as
a Regional Coordinator and Vice-Chairperson and a second year as Chairperson.
When it is feasible, the Regional Coordinator should be from the University that
is hosting the Regional AAA Conference.
Charge: Recognizing that the Auditing
Section can have the greatest impact on the development and practice of auditing
by maintaining a large and diverse membership, the Committee shall endeavor to
maintain a membership that includes academicians, practicing auditors, and other
individuals with a vested interest in auditing research and practice. To
accomplish this, the committee is responsible for planning and implementing
membership-enhancing activities. The Committee is also responsible for planning
programs that will enhance auditing research, teaching and/or practice in each
of the AAA Regions.
DUTIES OF THE CHAIRPERSON
The Chairperson of
the Membership and Regional Coordinator Committee is responsible for developing
annual plans to increase Auditing Section membership and coordinating the
implementation of those plans at both the national/international level and at
the regional level. In addition, the Chairperson will assist Regional
Coordinators’ activities and monitor results. More specifically, the Chairperson
is responsible for the following activities:
1.
Monitor the membership of the Auditing Section and prepare an annual analysis of
the Auditing Section's membership list (current membership lists and a list of
schools by Region may be obtained from the AAA office.) for the Executive
Committee of the Section.
2.
Monitor activities of each Regional Coordinator. Make sure that all Regional
Coordinators are aware of their duties and that they submit an activity report
by July 1. Compile these reports and submit an overall committee report to the
Vice President-Academic prior to the annual meeting in August.
3.
Work with Regional Coordinators to develop, update, and distribute brochures and
materials to invite and encourage prospective members to join the Section. The
Chairperson should assist Regional Coordinators in encouraging participants at
American Accounting Association Regional meetings to join the Section.
4.
Interact with the Section's Practice Advisory Committee to identify ways to
better serve the Section's members from practice, and to enlarge membership from
the practice community.
5.
When requested, present a report on Auditing Section membership composition and
trends and on Membership Committee activities at the Section's annual business
meeting.
6.
Groom the Vice-Chairperson for succession to Chairperson position.
DUTIES OF REGIONAL COORDINATORS
Regional Coordinators serve as members of the
Membership and Regional Coordinators Committee. One Regional Coordinator shall
serve as the Vice-Chairperson of the Membership and Regional Coordinators
Committee and shall assume the Chairperson position in the year
following his/her
term as Vice-Chairperson. Each Regional Coordinator is responsible for assisting
the Chairperson of the Committee in developing annual plans to increase Auditing
Section membership and in implementing those plans in his/her region. In
addition, each Regional Coordinator is responsible for making sure that auditing
research, education and practice are well represented in the programs at AAA
Regional Meetings. With respect to the AAA Regional Meetings, Regional
Coordinators are responsible for performing the following specific activities:
1.
Contact the AAA Regional Program Director for their Region by September
15 of the year prior to the Regional Meeting. The purposes of this contact are:
(1) to offer help in reviewing auditing papers and (2) to indicate to the
Regional Program Director that you would like to develop at least one
auditing-related session (paper or panel session) at the Regional Meeting.
2.
Develop a proposal for one or more auditing sessions for the regional
meeting and submit that proposal to the AAA Regional Program Director. Paper or
panel sessions can be proposed on auditing education, research or practice. One
of the sessions could be a CPE session held prior to the Regional Meeting.
3. Implement
Auditing Section membership-enhancement activities that have been developed by
the Membership and Regional Coordinators Committee. Any Regional Coordinator who
desires to develop a membership-enhancing activity for their Region alone,
should obtain the approval of the Chairperson of the Membership and Regional
Coordinators Committee. Current membership lists and a list of schools by Region
may be obtained from the AAA office.
4. Consider the
following activities in conjunction with the regional meeting (in addition to
all above):
a. Special sectional meeting
b. Invitation to one of the officers to
attend on behalf of the Section
c. Invitation to practitioners to
participate
5. Prepare a report covering the
region’s activities. This report should be submitted to the Chairperson of the
Membership and Regional Coordinators Committee by July 1.
Regional Coordinators may appoint an Assistant Regional Coordinator to help
perform their duties. If such an appointment is made, the Regional Coordinator
should notify the Chairperson of the Membership and Regional Coordinators
Committee and the Vice President-Academic. The latter should then send a letter
appointing the Assistant Regional Coordinator.
