“Who’s in Charge: The Audit Committee’s Role in Ethics and Compliance Oversight” from Deloitte discusses the SOX-prompted origin of board ethics and compliance (E&C) oversight commonly being allocated to the audit committee, and suggests companies reconsider the oversight structure in acknowledgment of the audit committee’s numerous and expanding responsibilities and associated workload, and the rise over time in the number and complexity of risks and opportunities boards are expected to oversee. In the event the audit committee retains primary oversight responsibility for E&C, the article identifies other considerations, such as processes for receiving and reviewing compliance and ethics-related information, internal and external resources, and risk review and prioritization, to facilitate and support the committee’s E&C oversight responsibility.