Since we published Issue 1 of Volume III of The Bulletin, Setting the 2008 Audit Committee Agenda, a year ago, the world has changed – dramatically. This issue of The Bulletin provides observations and ideas for boards and their audit committee regarding matters they should consider to get through the trying times in the year ahead. In addition to the unfinished business, we see several additional mandates on the minds of members on audit committees. These eight items on the list are discussed further in this issue.