Posts Tagged ‘audit committee’

Yet More PCAOB Inspection Hints


We have fresh intel on how the PCAOB may change its approach to inspecting audit firms, and what those changes might mean for the audit committees and internal audit executives who deal with the firms. All five PCAOB members appeared Monday at the AICPA’s annual public company accounting conference in Washington, and inspections were Issue…

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Audit Report Choice Looms for SEC


Sit up and pay attention, SOX compliance community. We will soon get our first real glimpse into how much SEC chairman Jay Clayton wants to reshape the corporate audit world. On deck is final approval of the proposed new format for audit reports: a standard the Public Company Accounting Oversight Board hammered out earlier this…

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Keeping Your Audit Committee Current on Risks

internal audit

I spent a lot of time these days reading audit committee charters, to see how boards address risk management. I’ll be giving a talk on that subject later this year at the Society of Corporate Compliance & Ethics annual conference, and what better way to prepare than to go straight to the raw material? How…

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