This issue of BoardMatters Quarterly examines the issues confronting boards and audit committees in today’s dynamic and global business environment.
One of these issues is how to foster diversity and inclusiveness. Studies have shown that the benefits of diversity and inclusiveness on both boards and management teams are far reaching, and a new report from Ernst & Young outlines steps that leaders can take now to stay ahead of the curve.
Other issues facing the audit committee include accounting standard convergence, ownership of fraud detection and prevention and the pitfalls of social media.
We hope our perspectives on these topics help audit committees address the issues facing their companies. The specific topics discussed in the April 2011 edition of BoardMatters Quarterly include: