Minutes - Audit Section Executive Committee Meeting - Final Version - March 11 2009

Auditing Section Executive Committee Meeting Thursday, January 15, 2009 7:45 a.m. – 12:30 p.m. Hilton St. Petersburg Bayfront SkywayRoom The meeting was called to order at 8:00 by Audrey Gramling Present at the meeting were: Mark Peecher, Past President Audrey Gramling, President Shaun Budnik, Vice-President, Practice Urton Anderson, Vice-President, Academic Jean Bedard, Historian Mark Taylor, Treasurer Jay Thibodeau, Secretary 1) Update on the 2009 AMC – Presented by Chris Hogan  Chris Hogan updated the Executive Committee (XC) on the events and activities scheduled.  Gramling thanked Chris (and co-Chair Brian Ballou) for their service to the section. 2) Update on Activities of the Education Committee - Presented by Ray Whittington • Audit Bootcamp Survey As charged by the Executive Committee in August, the committee surveyed administrators of accounting departments using the AAA’s database. The committee reported on the results of over 100 respondents. According to the survey, there seemed to be quite a bit of interest in the program. There also appears to be support by administrators to pay for the participation of their new auditing professors. In addition, there are a large number of professors that have been out of practice for a while that seemed to be very interested in this type of program. Overall, the results of the survey provide evidence to move forward with such a bootcamp, hopefully this year. The ...