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Why audit committees are so important during the COVID-19 crisis?

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Apr 06, 2020

On April 6, 2020, the National Association of Corporate Directors (NACD) released a blog on how now may be the time to shift some of the audit committee’s risk oversight responsibilities to the full board.

However, to effectively oversee financial reporting, the audit committee would still need to have access to all relevant risk management information—but maybe some of the detailed oversight can shift to allow the audit committee more time to focus on its core role.

Review the blog on the NACD's website.

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