Asked if he would join the Senate minority bloc should he fail to keep the committee chairmanship of the Senate blue ribbon committee
, Gordon said there is no basis to do so.
"Many of these 'new' responsibilities are formalizations of NYSE Blue Ribbon Committee
recommendations," says Lekosky, adding that finding people who are willing and qualified to serve on audit committees has been an ongoing challenge for companies.
61, as amended, places the burden on the auditor to communicate with the audit committee concerning certain specified items, and under SEC rules implementing the blue ribbon committee
recommendations, the audit committee is required to disclose whether such discussion occurred.
IMA Executive Director Rick Swanson, CMA, represented the IMA at a public hearing held in New York City last December by the Blue Ribbon Committee
. This Committee was created by the New York Stock Exchange and the National Association of Securities Dealers (NASD) in response to recent concerns expressed by Arthur Levitt, chairman of the Securities & Exchange Commission (SEC), who has called for improved board oversight of the financial reporting process of public companies.
It would be nice -- and I want it, too -- to chair the Blue Ribbon Committee
. But it depends on him)," Poe told reporters.
Gordon chairs the Senate Committee on Accountability of Public Officers and Investigations or the Blue Ribbon Committee
which is conducting an inquiry together with the Senate Committee on Public Works, chaired by Senator Emmanuel Pacquiao.
At Pacquiao's behest, the Senate Blue Ribbon Committee
chaired by Gordon conducted a joint investigation with the Committee on Public Works chaired by Pacquiao, resulting in exposure of ROW scam.
He has been a member of the Blue Ribbon Committee
that advises fund-raising staff.
Backman and Anne Marie Salan of the New York-based law firm Weil, Gotshal & Manges LLP, with contributions from corporate governance specialists who participated on the Blue Ribbon Committee
on Improving the Effectiveness of Corporate Audit Committees.
The result was the creation of the Blue Ribbon Committee
on Improving the Effectiveness of Corporate Audits to study management's role in financial disclosures.
With this, the senator said they would file a resolution asking Senate committee on health and Senate Blue Ribbon committee
to investigate officials of PhilHealth when the 18th Congress opens in July.
Senate blue ribbon committee
chair Senator Richard Gordon on Wednesday urged dismissed cop Eduardo Acierto to come out of hiding and surrender.