BNET Business Dictionary

Business Definition for: Committee

  • a group of people appointed and authorized to study, investigate, or make recommendations on a particular matter

Wiktionary Definition for: Committee

  • a group of persons convened for the accomplishment of some specific purpose, typically with formal protocols
  • archaic a guardian; someone in charge of another person deemed to be unable to look after himself or herself.

Additional Resources

SEC Adopts New Rules Governing Determination and Disclosure of Audit Committee Financial Experts
This paper provides the description of the new rules that if the company has an audit committee financial expert, then the company must disclose the name of the expert and whether the person is independent of management. In determining whether an audit committee member is independent, domestic companies will need...
Tags: Audit, Financial, SEC, Audit Committee, Audit Committee Financial Expert, Financial Accounting, Finance
White papers 2003-05-30
Homeland Security: Compendium of Recommendations Relevant to House Committee Organization and Analysis of Considerations for the House
This report has been updated with an epilogue on the creation of a standing House Committee on Homeland Security in the 109th Congress. The 9/11 Commission and other commissions and think tanks studying homeland security recommended congressional committee reorganization to increase Congress's policy and oversight coordination. This report analyzes selected...
Tags: U.S. Congress, Analysis, Homeland Security, Government
White papers 2005-03-07
Lawyers' Committee Urges Senate Committee Not to Confirm Alberto Gonzales Until More is Known About His Commitment to Civil Rights
WASHINGTON, Jan. 26 /U.S. Newswire/ -- The Lawyers' Committee for Civil Rights Under Law ("Lawyers' Committee") urged Senators on the Judiciary Committee not to confirm the nomination of Alberto Gonzales for United States Attorney General until WASHINGTON, Jan. 26 /U.S. Newswire/ -- The Lawyers' Committee for Civil Rights Under Law...
Tags: U.S. Senate
Research articles 2005-01-26
Rules Implemented Disclosure of Audit Committee Financial Experts
The SEC has issued final rules to implement Section 407 of the Sarbanes-Oxley Act of 2002. The rules require every public reporting company, including small business issuers and foreign private issuers, to disclose in their annual reports filed with the SEC: 1. Whether the company has at least one "audit...
Tags: Audit, Financial, Audit Committee, Jenkens & Gilchrist, Audit Committee Financial Expert, Financial Accounting, Finance
White papers 2003-01-26
Green light for prototype? (Federal Communications Commission high-definition television advisory committee may approve multi-corporation development of prototype system) (Closed Circuit) (Brief Article)
The FCC's HDTV advisory committee may be able to give the grand alliance the green light to build a prototype system by August or September, perhaps even earlier, said Paul Misener, aide to committee chairman Dick Wiley. The committee continues to The FCC's...
Tags: advisory committee, alliance, FCC, HDTV
Research articles 1993-06-21
Food advisory committee nominations.(Noted In The Federal Register)(Brief Article)
FOOD ADVISORY COMMITTEE NOMINATIONS: FDA is requesting nominations for voting members to serve on the Food Advisory Committee and certain subcommittees of the Food Advisory Committee in FDA's Center for Food Safety and Applied Nutrition CFSAN. Nomi FOOD ADVISORY COMMITTEE NOMINATIONS: FDA is requesting nominations ...
Tags: FDA, food, nomination
Research articles 2004-10-11
Fruit & vegetable advisory committee.(Noted In The Federal Register; is going to be reestablished by Department of Agriculture)(Brief Article)
FRUIT & VEGETABLE ADVISORY COMMITTEE: USDA intends to reestablish the Fruit and Vegetable Industry Advisory Committee. The purpose of the Committee is to examine the full spectrum of issues faced by the fruit and vegetable industry and provide su FRUIT & VEGETABLE ADVISORY COMMITTEE: USDA intends...
Tags: advisory committee, U.S. Department of Agriculture
Research articles 2003-08-11
Senate Committee votes bundling restrictions.
The Senate Small Business Committee has approved new restrictions on contract bundling, but committee Chair Olympia Snowe (R-ME) acknowledged that opposition from members of the Armed Services Committee may weaken or scuttle some of the proposals. The Senate Small Business Committee has approved new...
Tags: U.S. Senate
Research articles 2003-07-25
Final Jenkins Committee report debuts at symposium. (American Institute of Certified Public Accountants' Special Committee on Financial Reporting) (From FEI)
The American Institute of Certified Public Accountants AICPA has released the executive summary of the final report submitted by its Special Committee on Financial Reporting. The AICPA's special committee, which is better known as the Jenkins Committee The American Institute of Certified Public Accountants AICPA has released the executive summary...
Tags: AICPA, executive summary, financial, financial reporting
Research articles 1994-11-01
KPMG's Audit Committee Institute.(fYi)(Brief article)
70% of 317 audit committee members polled by KPMG's Audit Committee Institute rate their committee "very ... 70% of 317 audit committee members polled by KPMG's Audit Committee Institute rate their committee "very effective." They also say improvements can come in oversight of accounting judgments ...
Tags: KPMG Consulting Inc.
Research articles 2006-10-01
Office of the Press Secretary -- Text of a letter from the President to the Chairman of the House Committee on International Relations and to the Chairman of the House Committee on Science and the Chairman of the Senate Committee on Foreign Relations and
M2 PRESSWIRE-30 June 2000-THE WHITE HOUSE: Office of the Press Secretary -- Text of a letter from the President to the Chairman of the House Committee on International Relations and to the Chairman of the House Committee on Science and the Chairman of the...
Tags: chairman, FINANCE, senator, Transportation, U.S. Senate
Research articles 2000-06-30
House Financial Services Committee Second-Largest In Congress
THE HOUSE FINANCIAL SERVICES COMMITtee--formerly known as the House Banking Committee--will be headed by Rep. Michael Oxley (R-Ohio), a 10-term member of Congress. Oxley was previously chairman of the commerce subcommittee on finance and hazardous materials. The new committee will combine new securities and insurance jurisdiction from the House Commerce...
Tags: Banking, FINANCE, Insurance, Rep., U.S. Congress
Research articles 2001-02-01
OLY: IOC suspends Afghan Olympic Committee
AAP Sports News Australia 10-03-1999 OLY: IOC suspends Afghan Olympic Committee ATHENS, Oct 2 Reuters - The International Olympic Committee suspended the national Olympic Committee of Afghanistan today, saying the committee proposed by the country's Taleban rulers ...
Tags: Australian Associated Press Pty Ltd., International Olympic Committee
Research articles 1999-10-03
Senate Committee Passes Data Breach Laws
The U.S. Senate Judiciary Committee passed two bills today that establish federal guidelines for data breach notifications.Two sweeping bills that would set new standards for data breach notifications made their way out of the Senate Judiciary Committee today. The committee voted yes on the Personal Data Privacy and Security Act of...
Tags: data, committee, U.S. Senate, notification
News items 2009-11-05
Two data breach laws pass Senate Judiciary Committee
Two federal data security laws have cleared the U.S. Senate Judiciary Committee.The committee on Thursday voted to approve both the Personal Data Privacy and Security Act of 2009, sponsored by committee Chairman Sen. Patrick Leahy, D-Vt., and the Data Breach Notification Act, endorsed by California Sen. Dianne Feinstein, D-Calif.Leahy's bill...
Tags: law, U.S. Senate, Committee, Patrick Leahy
News items 2009-11-06
Listed Company Audit Committee Standards - Section Proposes Rule Implementing Sec 301 of Sarbanes -Oxley Act
The Securities and Exchange Commission proposed a new rule, as directed by Section 301 of the Sarbanes-Oxley Act of 2002, directing the national securities exchanges and national securities regulatory associations to prohibit the initial or continued listing of securities of any issuer that is not in compliance with the audit...
Tags: Sarbanes-Oxley Compliance, Audit, Standards, Audit Committee, Akin Gump Strauss Hauer & Feld, Financial Accounting, Finance
White papers 2003-01-22
SEC Adopts Audit Committee Requirements for Listed Companies
Article discusses the rule recently adopted by SEC that will impose new audit committee standards on companies having listed securities. The new rule requires the national securities exchanges and national securities associations to prohibit the listing of a security of an issuer that is not in compliance with the new...
Tags: Accounting, Audit, Auditing, SEC, Audit Committee, McGuireWoods, Financial Accounting, Finance
White papers 2003-06-25
SEC Adopts Rules Under the Sarbanes-Oxley Act of 2002 on Codes of Ethics and Audit Committee Financial Experts
The U.S. Securities and Exchange Commission recently adopted final rules that were mandated by Sections 406 and 407 of the Sarbanes-Oxley Act, and set out new requirements with respect to: codes of ethics; and financial experts on an issuer's audit committee. The final rules implementing Section 406 of the Sarbanes-Oxley...
Tags: Audit, Financial, Sarbanes-Oxley Act, SEC, Ethics, Audit Committee, Financial Expert, Financial Accounting, Sarbanes-Oxley, Regulatory Compliance, Finance, Regulations, Government, Human Resources, Policies And Procedures
White papers 2003-01-29
The Sarbanes–Oxley Act : Rewriting Audit Committee Governance
Audit committees and outside auditors are operating in an environment of heightened scrutiny. Although audit committee conduct historically was primarily within the purview of US state law or non-US home country law, SOX makes the audit committee directly responsible for a number of matters and appears to suggest US federal...
Tags: Sarbanes-Oxley Compliance, Audit, Audit Committee, Financial Accounting, Finance
White papers 2003-01-01
Audit Committee Financial Experts
This audit committee financial experts are brought out from the final rules published by Securities and Exchange Commission requiring each public company board of directors to make a determination as to whether the company has an "audit committee financial expert" serving on its audit committee. If the board determines that...
Tags: Audit, Financial, Expert, Audit Committee Financial Expert, Financial Accounting, Finance
White papers 2003-01-01
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