The audit committee's role is to oversee the financial workings of business and to act as a mediator between a company's management and its external auditors. The audit committee reviews financial ...

Moving to strengthen corporate audit committees’ oversight role, the Securities and Exchange Commission on Wednesday formally proposed rules to enhance their authority and independence. Commissioners ...

A consortium of U.S. governance organizations is calling on public company audit committees to enhance reporting about their activities. Increasing transparency about the audit committee’s roles and ...

Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation This paper reviews the tasks and design of audit committees, increasingly recommended as a way to strengthen financial ...

In a recent op-ed in The Wall Street Journal, "We Audit the Auditors, and We Found Trouble" (July 24, 2023), Public Company Accounting Oversight Board Chair Erica Williams outlined a few thoughts ...

The to-do list for corporate audit committees keeps expanding, with members taking on new responsibilities in overseeing cybersecurity, ethics and risk management, according to a new poll. A report, ...

The recent observations of the chairman of National Financial Reporting Authority (NFRA) that the “audit panel of companies cannot escape blame by citing audit failures” has shifted the spotlight from ...

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 ...

Regulators are preparing to draft new disclosure rules for audit committees, and some say the move could ignite a new debate about whether that should include disclosing the names of audit engagement ...

In the summer of 2002, Congress reacted to the slew of corporate and accounting scandals of the time — the most notable being Enron — with a new law that aimed to establish transparency and ...

Forbes contributors publish independent expert analyses and insights. Noah Barsky writes about business insight in a tech-driven world. With annual audits under way, the SolarWinds breach spotlights a ...