The role of the audit committee is ever-evolving. In
addition to assisting with reviews of financial reporting and audit
preparation, committees are increasingly being tasked with enterprise risk
assessment. From cybersecurity threats to the management of employee benefits,
audit committees are looking for how organizations are assessing and managing
their key risks. An evaluation of your organization’s audit committee practices
helps ensure that your committee is prepared to fulfill its ever-changing role.
In this session, we will take a deep dive into audit
committee charters, emerging best practices related to the activities of audit
committees and provide some practical advice for managing meetings and
interactions with the audit committee.
completion, you will be able to:
emerging best practices within audit committees
a basis to compare your current charter to others
- Describe tools and resources to improve your audit committee
examples of ideas for organizing and administering the audit committee