Audit committee effectiveness: practical tips for the chair

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

Contact us

Maria Castañón Moats

Maria Castañón Moats

Leader, Governance Insights Center, PwC US

Stephen G. Parker

Stephen G. Parker

Partner, Governance Insights Center, PwC US

Tracey-Lee Brown

Tracey-Lee Brown

Director, Governance Insights Center, PwC US

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