Insight of the Week: Audit Committee Planning

Do you have the right governance structure in place?

A client was experiencing disconnects in communication between its board of directors and the Finance organization. The board did not feel sufficiently informed of finance activities, and the Finance organization was not receiving appropriate guidance from the board.

An Audit Committee meeting planner was developed and implemented to provide structure and alignment on critical topics, hold executives accountable for ensuring that quarterly meetings took place, and facilitate communications between the board and company management.

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