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Audit Committee - Ernst & Young - United States

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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.

BoardMatters Quarterly: navigating global business issues

In this issue of BoardMatters Quarterly, we focus on international business matters and discuss the risks and key considerations related to global economic events, international taxes, changing trade patterns and political instability.

Emerging trends in proxy statement disclosure
Executive summaries and board letters are emerging as a key shareholder communication platform. We explore this new trend and more in the latest issue of Proxy Perspectives.
Leading practices for audit committees

Read about current trends and important considerations for audit committees regarding issues including risk oversight, committee composition, self assessment, interaction with other board committees and more.

Leading corporate sustainability issues in the 2012 proxy season
Investors continue to challenge companies to improve oversight and enhance disclosure on hot-button environmental and social issues through the submission of shareholder resolutions and engagement initiatives.
Audit committee overload

Read about how audit committees are addressing agenda overload by improving efficiencies, seeking input from the board and allocating some issues to other committees.

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What you need to know.
When you need to know it.
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Other online resources

Assurance Services 2012 Speakers Directory
Guide designed to be a helpful tool in identifying moderators, panelists and speakers for programs that address today’s important business issues.

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