Audit committees are providing company investors with more information about their oversight of auditing firms, according to a new report. Processing Content The annual Audit Committee Transparency ...

The Public Company Accounting Oversight Board published today its annual Conversations with Audit Committee Chairs report, which gathered responses from over 250 audit committee chairs. The report ...

This story was originally published on CFO.com. To receive daily news and insights, subscribe to our free daily CFO.com newsletter. Much like finance chiefs, audit committee chairs are finding their ...

There were recommendations on different reporting methods and potential changes in how financial and other metrics are ...

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 ...

SARBANES-OXLEY HAS CHANGED the relationships CPAs have with the entities that employ them. Before, an audit committee was essentially an extension of a company’s board of directors, often ...

As the eyes and ears of the board, the audit committee plays a pivotal role in helping to stop or reverse the rise in reported fraud incidents worldwide. Thirty-six percent of more than 6,000 ...

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 ...

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 ...

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 ...

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 ...