The ups and downs in the economy during the novel coronavirus pandemic are causing audit committees at public companies to focus on the disclosures in their financial statements and SEC filings about ...
Despite Sarbanes-Oxley requirements, audit committee influence over hiring the outside auditor and setting the audit fees remains more of a hope than a reality, according to a new study. The study, by ...
The Center for Audit Quality has released its 2024 “Audit Committee Practices Report: Common Threads Across Audit Committees.” The report highlights the top five audit committee priorities identified ...
The Warren County Board of Supervisors on Tuesday held off on a move to dissolve its committee that reviews local audits and finances.
The role played by public company audit committees in cybersecurity risk oversight continues to increase, while some audit committees are beginning to take on ESG oversight, according to the 2022 ...
Despite pandemic-related concerns about the ability of auditors to work effectively, 98% of audit committee members said in a new survey that audit quality either increased (32%) or stayed the same ...
The COVID-19 crisis creates heightened risk of improper financial reporting. Audit committees can and should take steps to help prevent such frauds. Audit Committees should maintain the appropriate ...
Good morning. As audit committees confront a rapidly expanding risk landscape, their role in corporate governance is being reshaped. Boards have often turned to current and former CFOs as independent ...
City Council will form a committee to review the annual audit of City Hall. City officials had recommended that council stick to its current practice of reviewing the audit publicly as full body, ...
The past few years have emphasized fundamental organizational changes brought on by the pandemic. Companies are being called to embrace the impacts of digital transformation, monitor rises in cyber ...
Public limited liability companies would soon be required to conduct annual evaluation of the individual members of their audit committee, according to new rules being proposed by the Securities and ...
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