It’s not all about compliance anymore. Board audit teams are refocusing on risk, supporting strategy, and restoring public confidence.
The Idea in Brief
•Now that audit teams are getting a better handle on the intricacies of Sarbanes-Oxley, they can devote precious meeting time to broader agenda items.
• These include exerting control over hyperactive M&A decisions, understanding the strategic effects of different accounting methods, and monitoring a spectrum of new risks.
• Executives who answer the call have a great opportunity not just to help ensure the viability of the companies they serve but also to restore public confidence in corporations in general.
See full Article, in pdf format.
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