PwC's "Audit committee oversight checklist" covers core committee responsibilities, including oversight of financial reporting and internal controls, external and internal audit, compliance and ethics programs, and risk management, as well as committee, composition, organization, and process factors that are typically addressed in an annual or other periodic committee self-performance assessment. The firm suggests audit committees use the checklist to conduct a deeper dive of their conduct and performance, with a view toward identifying action items to address any perceived gaps. The publication includes firm insights sprinkled throughout, and links to other relevant resources.
Access additional resources on our Audit Committees page.
This post first appeared in the weekly Society Alert!