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Audit Committee - Ernst & Young - United States

Audit committees

The audit committee’s role is critical to the governance of the organization through its oversight of the financial reporting process. The member's role demands significant time and attention in addressing multiple risks and critical issues. The committee is responsible for ensuring that the financial reporting process is credible, controlled and reliable, and that the company's financial reporting is transparent, consistent and accurate.

Ernst & Young has various resources and publications that provide information on evolving issues and current topics of interest for audit committees including technical and regulatory updates, emerging audit committee interests and concerns and risk oversight. Descriptions and examples of these thought leadership pieces, tools and audit committee materials are available here and through AccountingLink.

Meeting today’s financial challenges

A number of transformational events and trends are reshaping the global business landscape. Financial challenges currently facing companies around the world must be addressed by management, the audit committee and external auditor. Assess your most critical business issues (pdf, 2.2mb)  and identify the best way to respond to those challenges.

BoardMatters Quarterly: Emerging from challenging times

With an economic upturn on the horizon, this issue of BoardMatters Quarterly (pdf, 548.8kb) is dedicated to helping audit committees prepare their companies to emerge from the recession stronger and more prepared for the future. This edition focuses on topics including:

  • Managing cash through effective tax planning
  • Optimizing working capital
  • Outsourcing solutions reshape business
  • Keeping a watchful eye on FCPA compliance
  • Audit Committee Member Toolkit
  • AccountingLink
Audit Committee Member Toolkit

This toolkit can help audit committee members perform their oversight responsibilities (pdf, 634kb) and contains samples of an audit committee charter; various accounting, financial reporting, and internal control-related documents; a review of financial information for the audit committee to consider; a self-assessment questionnaire, and more.

Events


AccountingLink

See AccountingLink for all US accounting and auditing news and updates. First time users will be prompted to complete a brief registration.


IFRS in the US

Our IFRS in the US site is dedicated to helping you plan and prepare for the IFRS conversion.

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