Audit Committee

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Today’s audit committees play a significant role in corporate governance to maintain stakeholder confidence. Audit committee members face a range of new challenges as they are tasked with critical oversight on the complexities of financial reporting, regulatory compliance and risk management.

EY's Audit Committee program provides resources and practical tools to keep audit committee members informed on key issues. These include briefings on recent technical and regulatory developments, insight into current and emerging topics of interest, forums to network with peers and keep up to date on best practices. Listed below is our recent audit committee material.


Annual Assessment of the External Auditor

We created this template to assist the audit committee in completing the annual assessment of the external auditor in accordance with the recommendations of the Enhancing Audit Quality (EAQ) initiative.

Periodic Comprehensive Review of Auditor

We created this template to assist the audit committee in completing the Periodic Comprehensive Review of the external auditor in accordance with the recommendations of the Enhancing Audit Quality (EAQ) Initiative.

OSC Whistleblower Program: Are you prepared?

Board considerations related to whistleblowing and 10 key questions for directors. Read more.

CACN Summary of themes: October 2015

Members of the Canadian Audit Committee Network discussed: The role and value of internal audit, and regulatory trends in auditor and audit committee reports.

CACN Summary of themes: February 2015

Members of the Canadian Audit Committee Network discussed: Cybersecurity oversight and fostering a culture of compliance.

CACN Summary of themes: June 2015

Members of the Canadian Audit Committee Network discussed: Oil prices, large project and transaction oversight, and governance trends.

ViewPoints: Audit committee agendas and charters

This ViewPoints summarizes the meeting that focused on several themes related to audit committees’ growing agendas and their management. Read more.

Mining big data to mitigate corruption risk

Advanced forensic data analytics tools can help companies manage the risks of fraud and corruption. Learn how in our Global Forensic Data Analytics Survey.