Investors Suggest External Auditor Review of Audit Committees
“The work of the audit committee could be more transparent, and the evaluation of the auditor’s work could be more specific," says one former CFO.
Fortune 100 Disclosing More About Audit Committees
In their proxy statements, more large companies are explaining how they pick an external auditor, says EY.
Auditors Favor Curbs on Changes to the Audit Report
Ninety-eight percent of “critical audit matters” identified during a field test involving 51 audits were previously communicated to the audit committee.
It’s Time for Boards to Have Technology Committees
Boards should focus as much on technology as they do on financial statements and executive compensation.
Internal Auditor Reports Getting ‘Sanitized’
But one audit committee chair knows how to get a fuller picture from internal auditors.
How Allstate’s Internal Audit Chief Tackles Fraud
The insurer's top internal auditor works with the CFO and the chair of the audit committee to prevent financial misstatements.
WorldCom Whistle-blower Cynthia Cooper
What she was feeling and thinking as she took the steps that, as it turned out, would change Corporate America.
Should Internal Audit Report to the CFO?
Moody's recommends that the chief internal auditor report to the CEO and the audit committee, not the CFO.
Watchdogs or Lapdogs?
Audit committees may not be as bad as the SEC thinks--or as good as they should be.
Misreporting Accounting Results
Recent accounting frauds may point to deeper problems. But it will take more than new accounting rules to solve them.