The ICAEW brings together listed company audit committee chairmen from across the FTSE 500 to share best practice and discuss emerging trends and how they are tackling them in their role.
The buck stops here? New challenges for Audit Committees
Following the successful events that ICAEW have run for Audit Committee Chairmen over the past two years ICAEW hosted a meeting held on 25 October at 4.30pm to 6.45pm. In this initiative for Audit Committee Chairmen we were supported by BDO LLP, the major accountancy firm. Download the joint research report on audit committee reporting (PDF 1.1MB/28 pages) that was launched at the event.
The meeting was designed for Audit Committee Chairmen to discuss the implications for Audit Committees of the significant extra responsibilities and accountabilities that they are likely to shoulder in the very near future. The meeting provided a unique opportunity to discuss key issues and to share experience and insights.
Governance: making board evaluations work for you
The board, its composition and evaluation of performance is central to corporate governance.
Board evaluations, when undertaken properly, can identify areas of strength and weakness, leading organisations to make changes that positively impact performance and shareholder value. However, research has shown that the majority of companies are not submitting themselves to independent board performance evaluations.
Over 70 FTSE chairs, directors, company secretaries and corporate governance experts took part in the discussions.
Chairing audit committees
Year end issues post- credit crunch and the implications for audit committees.
The ICAEW hosted a meeting of audit committee chairmen on 9 December 2008 which explored the issues that may affect the up-coming year-end reporting cycle. This document provides a summary of the key points that were discussed
Risks and challenges for audit committees
The Turning Tide
The ICAEW hosted a meeting of audit committee chairmen on 8 December 2009 which explored key issues that arise after financial crisis. The meeting focussed on how board and audit committee oversight is changing and covered what issues surround the fundamental challenge of establishing risk appetite.
Uncharted waters
The ICAEW hosted a second meeting of audit committee chairmen on 14 July 2009 which explored the issues that arise from accounting in an uncertain economic environment and related challenges for audit committee members and the audit committee role in risk management. This document provides a summary of the key points that were discussed.