ThomasNet News Logo
Sign Up | Log In | ThomasNet Home | Promote Your Business

ANSI approves changes to Institute Constitution and By-Laws.

Print | 
Email |  Comment   Share  
January 28, 2009 - The ANSI has approved revisions to the Institute Constitution and By-Laws following a membership vote on proposed changes, which reflect creation of the Audit Committee and its duties. Created to assist the Board in carrying out financial oversight responsibilities, the Committee will report on activities and findings, including issues of quality/integrity of financial statements, compliance with regulatory requirements, and performance/independence of ANSI's independent auditor.

ANSI Approves Revisions to Institute Constitution and By-Laws


(Archive News Story - Products mentioned in this Archive News Story may or may not be available from the manufacturer.)

American National Standards Institute (ANSI)
11 West 42nd St., 13th Flr.
New York, NY, 10036
USA



Press release date: January 26, 2009

The American National Standards Institute (ANSI) has approved revisions to the Institute Constitution and By-Laws following a membership vote on proposed changes.

The changes to the By-Laws, which were last revised in 2005, reflect the creation of the Audit Committee and its duties. The Audit Committee has been operating for the last three years pursuant to a charter approved by the ANSI Board of Directors. The Committee's purpose is to assist the Board in carrying out financial oversight responsibilities and, in particular, to ensure the independence of ANSI's external auditor. The functions of the Audit Committee are to be kept separate from functions carried out by the ANSI Finance Committee.

The ANSI Board Audit Committee is responsible for: The appointment and dismissal, compensation, and oversight of ANSI's independent auditor; assisting the Board in its oversight and assessment of the adequacy and integrity of ANSI's accounting system, financial statements, audit reports, and audit processes; and periodically reviewing internal financial controls, including Board Conflict-of-Interest policies.

The Committee will report periodically to the Board on its activities and findings, including any issue regarding the quality or integrity of the Institute's financial statements, compliance with regulatory requirements, and the performance and independence of ANSI's independent auditor.
Print | 
Email |  Comment   Share  
Contacts: View detailed contact information.


 

Post a comment about this story

Name:
E-mail:
(your e-mail address will not be posted)
Comment title:
Comment:
To submit comment, enter the security code shown below and press 'Post Comment'.
 



 See related product stories
More .....
 See more product news in:
Services
 More New Product News from this company:
ANSI Website offers complete SAE International standards.
More ....
| Featured Manufacturing Jobs
 Other News from this company:
ANSI-NSP Nanotechnology Standards Database Webinar Rescheduled for December 5
U.S. and German Standardizers Meet to Advance Transatlantic Trade Objectives
Reminder: Standards Simulation Workshop to Be Held November 19 in New York City
People on the Move
People on the Move
More ....
 Tools for you
Watch Company 
View Company Profile
Company web site
More news from this company
E-mail this story to a friend
Save Story
Search for suppliers of
Trade Associations


Home  |  My ThomasNet News®  |  Industry Market Trends®  |  Submit Release  |  Advertise  |  Contact News  |  About Us
Brought to you by Thomasnet.com        Browse ThomasNet Directory

Copyright © 2014 Thomas Publishing Company. All Rights Reserved.
Terms of Use - Privacy Policy



Error close

Please enter a valid email address