If you don't want to be responsible for the next Richard Grasso, Dennis Kozlowski or Mike Ovitz, the Compensation Committee Handbook is for you. This second edition by compensation experts James F. Reda, Stewart Reifler and Laura G. Thatcher is a comprehensive guide to the scary new world of determining executive compensation, where the shadows of investor outrage and the Sarbanes-Oxley Act hang over everything.
The book contains essential information on legal issues, recruitment, best practices and more, and offers new models for determining and monitoring executive pay. It even goes back to first principles, covering in detail how a company should create and staff the compensation committee itself.
John Wiley & Sons
It's all about internal controls these days, and clients who are looking for help and guidance are flocking to accountants. Accountants, in turn, can look to PPC's Guide to Internal Control and Fraud Prevention, which offers thoroughly updated information and insights on the subject. It covers all the bases, from Sarbanes-Oxley Section 404 to SAS 99 on fraud, with a complete set of practice aids for evaluating internal controls, and control matrixes to help identify specific controls for detecting and preventing common fraud schemes. The Guide is available in print, on CD, or online.
Price: $192 for all formats.
Did someone say internal control? The Public Company Accounting Oversight Board has changed the game when it comes to auditing public companies, and they're mighty serious about it.
So PPC's Guide to PCAOB Audits is a pretty timely product, offering detailed guidance on how the new regulatory environment has changed performing integrated audits, audit documentation and retention, communicating with audit committees, reporting under the new PCAOB standards, independence and much more.
The Guide will be available in print in early December, and online and on CD in early 2005.
Price: Print - $999.
'Lee & Grant'
If they had told you in 9th grade history that what they were teaching you would actually help you be successful and rich, would you have paid more attention? Probably not, but the fact remains that business publishers have found an apparently inexhaustible supply of valuable lessons from studying the great figures of the past. The latest addition to this field, Lee & Grant: Profiles in Leadership from the Battlefields of Virginia, takes the interesting approach of focusing solely on the 1864 Overland Campaign of the Civil War, and draws lessons from the two famous generals' leadership styles.
Army aviation officer Maj. Charles R. Bowery Jr. tells the fascinating story of the military clash between Grant and Lee, and uses it to point up the many examples these two titans offer of leading by example, building a capable staff, knowing your own weaknesses, the value of perseverance, and turning vision into action.
John Wiley & Sons
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