Report of the NACD Blue Ribbon Commission on The Audit Committee

  • Item No. : 6089
  • ISBN : 978-0-943176-52-9
  • Publisher : NACD
  • Publish Date : October 2010
  • Authors : NACD
  • Media : Paperback
  • Page count : 82
  • Member Price : $70.00
  • Non-Member Price : $150.00

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In light of the audit committee's growing role and responsibilities in corporate governance, this report offers ten principles to guide audit committees in their oversight of the financial reporting process, and covers the other key areas of oversight—risk management and internal and external auditors. This report also provides sample audit committee documents and research from other thought leaders in corporate governance.

The report highlights the following areas:

  • The audit committee's responsibilities and membership requirements
  • Audit committee leadership and composition
  • Setting the agenda and making the most of meetings
  • Ten principles to help guide audit committees—and the management and audit professionals supporting them—in their oversight of the financial reporting process