Audit Committee Brief

March 2024

This edition covers the following topics:

• Audit Committee Practices Report: Common Threads Across Audit Committees

• An investor protection call for commitment to professional scepticism and audit quality

• On the Radar: Greenhouse Gas Protocol reporting considerations

• SEC’s landmark climate disclosure

• SEC issues final rule related to SPAC’s, shell companies, and projections

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February 2024

This edition covers the following topics:

• 2023 Global Internal Audit Standards

• SEC cybersecurity disclosure rule: Updates and guidance

• Quarterly accounting roundup: 2023 in review

• 4Q 2023 CFO Signals survey details CFO’s expectations for 2024 and audit committee priorities

• Update on California’s climate legislation

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January 2024

This edition covers the following topics: 

• Looking ahead – The audit committee agenda in 2024

• Artificial intelligence: An emerging oversight responsibility for audit committees?

• Executive compensation in the boardroom

• AI in corporate boardrooms

• 2023 Audit Committee Transparency Barometer released

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November 2023

This edition covers the following topics: 

• Audit committees: So much more than financial statement oversight

• Nine steps to help uncover and assess internal fraud risk

• Accounting and financial reporting in uncertain times

• CFO SignalsTM 3Q 2023

• C-suite and board Generative AI pulse survey

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October 2023

This edition covers the following topics: 

• How COSO can help with sustainability reporting

• The importance of a comprehensive risk assessment by auditors and management

• First bias audit law starts to set stage for trustworthy AI

• Comparing IFRS accounting standards and US GAAP: Bridging the differences

• ISSB’s first standards set a global baseline for sustainability disclosures

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September 2023

This edition covers the following topics: 

• SEC’s cyber disclosure rule: Prepping for what’s new

• On the Radar: Statement of cash flows

• The future of tech: Artificial intelligence (AI)PCAOB staff update and preview of 2022 inspection observations

• On the Radar: Earnings per share

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Previous Editions

View previous editions of our Audit Committee Brief at our Global Centre for Board Effectiveness.