An audit committee chair consider how he can assist his committee become more successful given the increasing regulatory demands on audit committees. He also wrestles with the lack of specificity in audit committee obligations and whether his committee should take on additional responsibilities.
In particular, he wonders what sorts of hazards the audit committee should consider and whether they should be the one repository for risk management and considers the growing concern over threat supervision. This case contains a historic review of the beginnings and development of audit committees, and the laws and regulations that have impacted its role over time.
The Role of the Audit Committee in Risk Oversight Case Study SolutionPUBLICATION DATE: June 23, 2009 PRODUCT #: 409016-HCB-ENG
This is just an excerpt. This case is about ORGANIZATIONAL DEVELOPMENT
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