JournalofAccountancy

Eight Habits of Highly Effective Audit Committees

To ensure that your committee is up to its mission, you must first define the mission by drafting a strong charter that identifies audit committee functions, authority and responsibilities, along with ...
Houston Chronicle

The Role of the Audit Committee in a Publicly Traded Corporation

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 ...
The Nation Newspaper

Agency to strengthen audit committee’s oversight functions

The Board of the International Organisation of Securities Commissions (IOSCO) yesterday published the survey report on audit committee oversight of auditors, which seeks to help identify audit ...
Law

Building an Effective Audit Committee for Your Nonprofit

Forming audit committees is becoming a more common practice in the nonprofit sector, offering an unbiased outlet to monitor the financial health of an organization. Appointed by the board of directors ...
JournalofAccountancy

Audit Committees Should Lead by Example

The authors of “ Eight Habits of Highly Effective Audit Committees” (Sept. 07, page 46) have identified relevant recommendations. However, these recommendations are for an audit committee that is a ...
Case Western Reserve University

Audit Committee Charter

Pursuant to Article IV of the Bylaws of Case Western Reserve University, the purpose of the Audit Committee (the “Committee”) shall be to give counsel and assist the Board of Trustees (the “Board”) ...
Independent Online

The functions of audit committees are riskier

Johannesburg - The role of audit committees was becoming riskier, with members' legal and financial exposure outstripping those of other board members, a KPMG survey has shown. According to KPMG ...
JD Supra

Audit Committees: Are They Overworked?

On June 22, 2023, the SEC’s Investor Advisory Committee hosted a panel discussion regarding audit committee workload and transparency. The panel was led by James Andrus, with presentations of new ...
Forbes

An Owner’s View Of The Audit Committee: Four Questions To Ask

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. Private companies typically do not audit their books unless an outside party requires it.
The Business Journals

Three reasons to add an internal audit function to your company

Paul Demastus is a partner in the accounting and assurance practice and public company segment leader at LBMC. Contact Paul at [email protected] or 615-309-2229. The creation of an internal audit ...
Law

The Internal Audit Function

This article appeared in Commercial Leasing Law & Strategy, an ALM publication covering strategies and techniques for Corporate Counsel, Real Estate Attorneys, Business Law Practitioners, Real Estate ...