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An effective Internal Audit function can not only magnify what the company already knows, but […]
The role of audit committees has become increasingly important as the complexity of regulation has […]
The financial statement audit has long delivered compliance and confidence, and it will continue to […]
We have recently witnessed an increasing trend by both civil society and tax authorities in […]
In 2002, the Institute of Directors and KPMG established the Audit Committee Forum™ (ACF) to serve as a technical resource and sounding board for audit committee members and senior management. Financial literacy is broadly equated to the ability to read and understand basic financial statements.
In 2013, audit committee agendas will be shaped by continued economic uncertainty, globalisation, digitisation, and increased government regulation globally. Focused, yet flexible agendas and exercising judgment about what belongs and does not belong on the committee’s agenda, and when to take deep dives will be critical.