As you know, critical audit matters are defined for purposes of the auditor’s report as “matters communicated or required to be communicated to the audit committee and that: (1) relate to accounts or ...

On December 30, 2019, the Chair of the Securities and Exchange Commission, the SEC’s Chief Accountant, and the Director of the SEC’s Division of Corporation Finance issued a joint statement regarding ...

The primary purpose of an audit committee is to monitor an entity’s risk and to provide oversight of the entity’s financial reporting, the audit process, the system of internal controls and compliance ...

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 ...

With the wave of financial scandals hitting the economy, audit committees are facing enhanced scrutiny from investors and the media. In this environment, the challenges facing the audit committee are ...

The University of Texas at San Antonio Internal Audit Committee is an essential part of the risk management and internal control infrastructure of the University and The University of Texas System.

Warren County supervisors broached the idea Tuesday of reorganizing the Finance/Audit Committee, currently in the spotlight over the delayed 2024 audit.

The Center for Audit Quality’s (CAQ) Audit Committee Practices Report found corporate boards are taking a fresh look at their audit committee structures and practices to respond to emerging corporate ...

udit committees of corporate boards of directors have come under increased scrutiny in the wake of numerous financial reporting improprieties and breakdowns in corporate governance. In a much-quoted ...

The External Audit Committee (EAC) has three members, all of whom are independent of the IMF and its Executive Board. The EAC reports to the Board of Governors and is responsible for the oversight of ...

Pointing to recent cybersecurity disclosure requirements from the Securities and Exchange Commission, as well as growing numbers of cyber-incidents being reported at public companies, the report said ...