SEC's Chief Accountant: Watch Out for Audit Committee Overload

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Apr 28, 2017

On April 28, 2017, the Securities and Exchange Commission (SEC) released a speech on enhancing audit committee effectiveness by SEC Chief Accountant Wes Bricker, where he raised the topic of audit committee overload.

In his speech, Mr. Bricker said that the onus is on the board to address it. Recent surveys indicate that some audit committees are finding it difficult to perform its core responsibilities while covering other major risks on its agenda.

Review the speech on the SEC's website.

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