audit committees news from FierceComplianceIT

There's been a lot of talk recently about rising pay for corporate directors. Most has been tinged with criticism that pay is rising while performance has lagged. But others insist that directors... Read more...

Audit committees have a lot on their plate. But in the current environment, compliance and ethics should top the list. Unfortunately, not all audit committees have gotten religion on this issue. So... Read more...

The new Securities and Exchange Commission directive requiring companies to describe in their proxy material how risk management duties are distributed among board committees took effect on February... Read more...

Compliance Week had some interesting observations--all of which are conversation starters--about internal auditing, and where it's headed. First of all, most practitioners draw a division between... Read more...

We've noted that enforcement of the Foreign Corrupt Practices Act has really stepped up recently. Some firms have gotten pretty religious about the issue--Siemens is a great example--but most are... Read more...

To what extent do corporate boards and audit committees bear responsibility for the financial meltdown we're now suffering through? In one corner: Jack and Suzy Welch, who argue "the real fallacy of... Read more...

As the economy worsens, more companies may be faced with going-concern issues, according to the PCAOB. This will task the auditors and audit committees, who are on the front lines of determining... Read more...

Sarbanes-Oxley transformed the work of corporate boards, imposing on them, in theory anyway, a whole new level of accountability. To some, this makes the financial meltdown that has engulfed so many... Read more...

For audit committees, IFRS stands as a huge challenge. The new standards are a reality. Deal with it. It really is up the committee to get the firm through the transition. But few audit committees... Read more...

These days, directors are on the hot seat like never before. The stakes are high for the company, the board as a group and for directors personally. So more are Read more...