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BoardMatters Quarterly, January 2012

Focus on the Future

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Audit committees and boards have been under a great deal of pressure the last few years.

The challenging economic environment is one cause, but significant pressure is also a result of audit committee agendas that have expanded to include such time-consuming and complex issues as risk management, board diversity, succession planning, potential changes to accounting standards and new regulatory proposals that could change the face of corporate governance.

In this issue, we hear one audit committee chair’s first-hand views on these topics.

This edition also reviews recent activities by the U.S. Securities and Exchange Commission (SEC), examines some leading practices for succession planning and contemplates the future of audit committees.

 


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