Audit committees: where do we go from here?

  title={Audit committees: where do we go from here?},
  author={Felix Pomeranz},
Auditors are urged to promote communication with audit committees as well as with the entire board. Contacts with the entire board are most appropriate, given the rise of issues of corporate governance. It is not yet understood how effective audit committees have actually been, although the committees’ objectives are commendable. It is likely that any significant shortcomings will be redressed by synthesizing the work of the committees and of the board. The responsibilities of audit committees… CONTINUE READING