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Audit Committee Brief — April 2017

Published on: Apr 19, 2017

This issue includes highlights on the following topics:

  • 2016 Board Practices Report: A transparent look at the work of the board.
  • Survey highlights added value from financial statement audits.
  • SEC chief accountant remarks on the role and effectiveness of audit committees.
  • CAQ releases updated external auditor assessment tool.
  • Suggestions for improved audit committees and audit quality is report’s focus.
  • Report addresses challenges for subjective, complex accounting areas.
  • Data analytics shapes how internal auditors apply their skills.
  • SEC emphasizes its continued focus on the new revenue standard.
  • Adopting the new revenue standard — Where do companies stand?
  • Federal court remands conflict minerals case to SEC.

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