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Special committees are often established quickly and under tense circumstances. Learn to navigate the process of establishing a special committee and conducting a committee process with this document that combines general principles with practical insight.
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Do you know when you should establish a special committee? How can you ensure that its decisions are made independently?
Board decisions are always subject to close scrutiny but even more so under challenging circumstances. When an internal wrongdoing surfaces or the company is threatened with a hostile take-over, your board is well advised to ensure that whatever decision is reached, it is carried out with appropriate rigour. A common tool — and one recognized by the courts — is to establish an ad hoc special committee.
20 Questions Directors Should Ask about Special Committees offers general principles as well as practical advice. Learn about the process of building, running and ensuring the effectiveness of a robust special committee.
September 18, 2017
Jointly presented by CPA Canada and CPA Ontario, The ONE is the must-attend, multi-track event of the year, designed for all CPAs who want to be at the top of their game.
Learn about CPA Canada’s board of directors and the upcoming Annual General Meeting to be held in Quebec City on September 27, 2017.
September 7, 2017
The new U.S. reporting standard – subject to approval by the U.S. SEC – contains significant differences from Canadian auditor reporting standards. The AASB is looking at these differences to decide on next steps