PwC's "Audit committee effectiveness: practical tips for the chair" offers something for everyone - whether you are new or seasoned audit committee member, corporate secretary, other governance professional, or in-house counsel charged with supporting the audit committee. In addition to covering core requirements and common and suggested practices relative to audit committee composition, size, responsibilities, and meeting preparation and process, the publication includes tables and checklists addressing:
- Audit committee onboarding topics
- Meeting agenda planning best practices
- Pre-meeting materials best practices
- Executive & private session best practices
- Sample meeting calendar (which topics to cover when, and how frequently)
In preparation for the Q1 financial reporting season, EY’s “How audit committees can prepare for 2021 Q1 reporting” and PwC’s “Topics for your next audit committee agenda” address traditional audit committee financial reporting and risk oversight areas, as well as trending oversight topics like sustainability. Both publications also include sound process/procedure tips and considerations.
Access additional audit committee resources here.
This post first appeared in the weekly Society Alert!