Despite Sarbanes-Oxley requirements, audit committee influence over hiring the outside auditor and setting the audit fees remains more of a hope than a reality, according to a new study. The study, by ...

Audit committees that include a former partner from the firm that audits their company can still retain their independence and have high-quality audits, according to a new study. The researchers ...

The post-Enron world of corporate governance was apparent at a recent meeting of the six directors on toolmaker Cooper Industries' audit committee. The meeting took four hours, twice as long as usual, ...

Good morning. As audit committees confront a rapidly expanding risk landscape, their role in corporate governance is being reshaped. Boards have often turned to current and former CFOs as independent ...

City Council will form a committee to review the annual audit of City Hall. City officials had recommended that council stick to its current practice of reviewing the audit publicly as full body, ...

Good morning. Audit committees, which are often composed of directors with an extensive background in finance or accountancy, like CFOs, carry a lot of weight on corporate boards. And their workloads ...

The role played by public company audit committees in cybersecurity risk oversight continues to increase, while some audit committees are beginning to take on ESG oversight, according to the 2022 ...

Despite pandemic-related concerns about the ability of auditors to work effectively, 98% of audit committee members said in a new survey that audit quality either increased (32%) or stayed the same ...