A key responsibility of the board of directors is fiduciary oversight, including overseeing financial performance, accounting functions and the engagement and retention of independent auditors. Like ...

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 ...

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 ...

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 ...

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”) ...

This paper reviews the tasks and design of audit committees, increasingly recommended as a way to strengthen financial accountability and good central bank governance. It outlines the motivations for ...

Please note: This item is from our archives and was published in 2004. It is provided for historical reference. The content may be out of date and links may no longer function. As a follow-up to the ...

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 ...

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 ...

Forbes contributors publish independent expert analyses and insights. Robert Eccles writes about sustainability in the capital markets. This article is more than 3 years old. The internal audit (IA) ...