Audit committee effectiveness: practical tips for the chair

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Overview

Having the right skills and experience on your audit committee is key to meeting today’s challenges. But to really set the committee up for success, your chair needs the right approach to take advantage of the committee’s strengths. Having an effective chair is essential. 

In this paper we explore:

  • What the audit committee's composition should look like
  • Size of the committee
  • Refreshment
  • Getting and staying up to speed
  • Making the meeting effective and efficient
  • Assessments
  • Enhanced proxy disclosures  
  • The committee's role in deterring fraud
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Paula Loop

Paula Loop

Governance Insights Center Leader, PwC US

Stephen G. Parker

Stephen G. Parker

Partner, Governance Insights Center, PwC US

Paul DeNicola

Paul DeNicola

Principal, Governance Insights Center, PwC US

Barbara Berlin

Barbara Berlin

Managing Director, Governance Insights Center, PwC US

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