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Deloitte's newly-released report on voluntary audit committee disclosures: "Audit committee disclosure in proxy statements - 2017 trends" reveals these and numerous other noteworthy voluntary disclosure practices based on an analysis of S&P 100 company 2017 proxy statements filed as of June 15, 2017: 

• Over 60% of the companies explicitly disclosed that the audit committee evaluates the independent auditor - up 2% from 2016. Factors considered in those evaluations reportedly included the auditor’s qualifications, performance, independence, and tenure.
• More than 70% disclosed their audit firm's tenure, and a number of companies elaborated on this topic - highlighting benefits of a long auditor relationship, with the most commonly-cited benefits being:
• Higher audit quality due to the independent auditor’s deep understanding of the company’s business, accounting policies and practices, and ICFR
• Efficient fee structures due to the independent auditor’s familiarity with the company and industry expertise 
• Avoidance of the significant costs and disruptions - including management time and distractions - that would be associated with bringing on a new independent auditor
• A number of these companies also discussed their robust safeguards for auditor independence, including:
• A strong regulatory framework for auditor independence, including limitations on non-audit services and mandatory audit partner rotation requirements
• Audit committee oversight of the auditor that includes regular communication on and evaluation of the quality of the audit and auditor independence  
• The independent auditor’s own internal independence process and compliance reviews
• 63% provided general disclosures around the audit committee’s role in reviewing and approving the audit engagement fees, but just 20% disclosed that the audit committee is responsible for negotiating fees.
• 32% noted that the audit committee reviews the earnings/annual report press releases with management and the independent auditor prior to their release - up from 20% in 2015.
• 37% disclosed the audit committee’s role in overseeing cybersecurity risk - up from 27% in 2016.

Although disclosures decreased in certain areas compared to 2016, on an overall net basis, increases in disclosure reportedly outpaced decreases by 12%. A table on page 6 of the report details results by year since 2015, and legally-required (as opposed to voluntary) disclosures are summarized in the Appendix.