Prioritizing the Audit Committee Agenda

John Rodi, CPA

Operating against a backdrop of global volatility and economic uncertainty, with business and regulatory risks becoming more complex and challenging, audit committees will need to manage their agendas carefully in 2020, keeping financial reporting integrity front-and-center. As the SEC noted recently, “Effective oversight by strong, active, knowledgeable and independent audit committees significantly furthers the collective goal of providing high-quality, reliable financial information to investors and our markets” (Jay Clayton, Sagar Teotia, and William Hinman, “Statement on Role of Audit Committees in Financial Reporting and Key Reminders Regarding Oversight Responsibilities,” Dec. 30, 2019, http://bit.ly/36ERw7I).