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.
Update for audit committees on the new revenue standard
We provide a summaryof the implementation activities of the FASB and IASB as they work to address stakeholder questions on the new revenue standards (requires AccountingLink registration).
ViewPoints: Board and audit committee oversight of cyber risk
The dynamic nature of cyber risks makes oversight a challenge for boards. Leading audit committee chairs discuss what the role of the audit committee and board should be. Read more
ViewPoints: Board oversight of corporate culture
Corporate culture is emerging as an important consideration for boards and audit committees, touching as it does every aspect of a company, from strategy to compliance. Read more
ViewPoints: The evolution of audit regulators
Audit committee network members discuss the institutional framework of audit policy, the challenges of audit regulation globally, and audit regulators’ interactions with audit committees. Read more
Audit Committee Bulletin: June 2015
Learn about the new revenue recognition standard, the BEPS project, managing tax controversy risk and highlights from the European Audit Committee Leadership Network meeting. Read more
Promote board diversity to accelerate performance
Boards need to understand the value in diversity and act now. We explore the topic and provide an action list for board chairs.
Staying on course: a guide for audit committees
Our guide for audit committees provides an overview of the role, questions to consider and tools such as an example charter, a self-evaluation, a meeting planner and more.