As audit committees focus their agendas on key challenges for 2011, KPMG's Audit Committee Institute again offers its annual "Ten To-Do's for Audit Committees" highlighting issues that should be top of mind in 2011.
"The audit committee's workload is not going to get any lighter in 2011," said Jim Liddy, vice chair, Audit, KPMG LLP, the U.S. audit, tax and advisory firm. "Whether it's new accounting standards, the impact of Dodd-Frank regulations and the demands on compliance programs, or the global risk environment, audit committees will have a full plate in the year ahead."
"In 2011, every audit committee will face its own particular challenges depending on the industry they are in, their global footprint and their competitive position," said Mary Pat McCarthy, executive director of the Audit Committee Institute (ACI) and a vice chair of KPMG LLP.
See full Press Release.
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