Audit Committees & Boards of Directors 

Resources for Board and Audit Committee Members

The Audit Committee:Internal Audit Oversight Implementing best practices and high standards
(PDF, 709 KB).

The Audit Committee: A Holistic View of Risk This brochure provides perspectives on enterprise risk management (ERM) and clarifies the value internal auditing brings to the ERM process.

Audit Committee: Purpose, Process, Professionalism 2006 (PDF, 392 KB). This brochure clarifies what it takes for audit committee members to be responsible, knowledgeable, and effective.   A PowerPoint presentation is also available: Audit Committee: Purpose, Process, Professionalism 2006 (PPT, 270 KB).

Audit Committee: Discussions on Performance 2006 (PDF, 61 KB). A short self-assessment tool designed to steer thought-provoking discussions on the performance of the audit committee.

Audit Committee Presentation (PDF 1048KB). Discusses the effective and essential relationship between the internal audit activity and the audit committee.

Tone at the Top The IIA's corporate governance newsletter.

About the Profession Showcases internal auditing's relationships with management and the board. 

20 Questions Directors Should Ask About Internal Audit 2004 (PDF 675 KB).
         Available in French (PDF, 519 KB).

Audit Committee Self-Assessment Guide (PDF 419KB). A tool for assessing an audit committee's performance. The tool is beneficial for auditors and audit committees.

KPMG's Audit Committee Institute 2005-2006 ACI/NACD Audit Committee Member Survey.

The Sarbanes-Oxley Act of 2002: Effect on Audit Committee Meetings at Publicly Traded Companies (March 2004)

Tools and Resources for Corporate Governance Initiatives and Current Legislation A comprehensive list of tools and associated links.

International Professional Practices Framework The IIA's blueprint for the internal audit profession that offers practitioners a full range of internal audit guidance, including mandatory and strongly recommended guidance.

Books 

IIA Bookstore - Audit Committees and Governance Provides a list of bookstore publications.

Audit Committee Effectiveness - What Works Best, 3rd Edition "Audit Committees: Are You in Compliance?"

Samples

Model Audit Committee Charter (Word, 112KB)

Model Internal Audit Activity Charter (Word, 105KB)  IPPF Aligned last updated June 8, 2009

Model Management Control Policy (Word, 97KB)

Model Quality Assurance and Improvement Program (Word, 113KB