O'Reilly logo

The Board of Directors and Audit Committee Guide to Fiduciary Responsibilities by Ronald Kral, Sheila Moran

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

CHAPTER THREE

Evaluate the Audit Committee

AUDIT COMMITTEES are facing increased scrutiny from shareholders and regulators for the manner in which they fulfill their duties, which stems from the public perception that they were somehow misled by the financial information presented prior to the deep economic recession that started in 2008. A well-designed audit committee evaluation can stave off critics and serve as a valuable tool for the full board of directors to help assess the success of one of their key standing committees. This chapter addresses the why, who, when, what, and how of conducting sound audit committee evaluations.

Why Should Evaluations Be Considered?

Regulatory requirements do not mandate that organizations undertake performance ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required