PwC's "Disclosure Committee Essentials" is a welcome resource on an otherwise critical but under-resourced topic. The new publication answers these questions:
- What is a Disclosure Committee?
- What is the purpose of a Disclosure Committee?
- What should the composition of a Disclosure Committee be?
- How often should the Disclosure Committee meet?
- Should the meetings be formal/informal?
- Is a Disclosure Committee charter required?
- What should a Disclosure Committee charter include?
The publication also includes a list of sound leading practices that are suitable for consideration by companies of all types and sizes to bolster the Disclosure Committee's effectiveness.
See also our prior report: "Disclosure Committee Practices," our Quick Survey on SOX 302 Sub-Certifications, and EY's "Unlocking the Potential of Disclosure Committees: Leading Practices and Trends.
This post first appeared in the weekly Society Alert!