Audit Committee

Audit Committee

Since the passage of the Sarbanes-Oxley Act in 2002, audit committees have faced increased regulation. This resource center contains the guidance necessary to adhere to these regulations and promote effective audit committee practices.

Thought Leadership & Research

Delivering compliance and ethics oversight Linking nonfinancial metrics to strategy and culture The board and audit committee roles in compliance oversight Providing oversight for non-GAAP financial measures Next-generation financial disclosures Enhancing the audit committee report Financial reporting: getting behind the numbers A board-level view of strategic risks Keeping up with 2019 regulatory priorities Key committee succession planning KPMG 2017 Audit Survey Providing oversight of the independent auditor The Auditor's Report: Considerations for audit committees Big data and the audit committee The role of the SEC Addressing the challenges of expanding board and committee agendas Transforming the audit process with technology

Expert Commentary

Get up to speed on critical audit matters Updating the Auditor’s Report: opportunities and challenges Implications of the new revenue recognition standard Audit committee onboarding The role of the audit committee chair Considering the audit committee’s disclosures Directors Quarterly, October 2019 Board’s-eye view of data and analytics Determining whether to create a separate risk committee What to look for in an audit committee chair The effective use of non-GAAP metrics Guidance on the new SEC rule regarding the auditor’s report

Advisory Services

NACD's in-boardroom education programs help boards deliver value and expand their education NACD's Evaluation Services enable boards to assess their strengths and opportunities for development

Boardroom Tools & Templates

Risk oversight questionnaire Model audit committee charter Sample audit committee self-assessment questionnaire Sample audit committee agenda Sample audit committee whistleblower policy Sample questions for audit committee members to ask in key oversight areas External auditor assessment tool Case studies of hypothetical financial reporting fraud scenarios Sarbanes-Oxley Act: SEC standards relating to listed company audit committees NYSE requirements for audit committees: Sections 303A.06 and 303A.07 Nasdaq requirements for audit committees: IM-5605-3–IM-5606-5 Emerging technologies: an oversight tool for audit committees

Videos and Webinars

How clear audit committee disclosures benefit shareholders The global company audit committee Critical audit matters, investors, and investor relations

Upcoming Events and Courses

Master Class Director Professionalism® Cyber-Risk Certificate Course

Emerging Audit Issues

Governing digital transformation and emerging technologies Keeping pace with disruptive risk, digital transformation: 2019 Audit Committee Pulse Survey Top cyber security considerations in 2019 On the 2019 audit committee agenda Critical audit matters are here Blockchain in the boardroom