Audit Committee's Role in Financial Reporting & Oversight Self-Study Webinar (1.5 Hours)

Overview: 

Audit committees play a vital role in a company’s financial reporting as they provide oversight of the reporting process, the audit process, the company's system of internal controls, and compliance with laws and regulations. In this self-study webinar, we will discuss:

  • The audit committee’s role and priorities
  • Potential changes in oversight
  • Keys to enhance risk management oversight
     
Objective: 

This self-study webinar will focus on understanding and identifying the roles within the audit committee and the evolving nature of oversight management.

Emphasis: 
  • The Role of the Audit Committee
    – Financial reporting and risk oversight
    – Ethics and compliance
    – Oversight of audit (internal and external)
  • The Evolving Oversight Role
  • Keys to Enhance Risk Management Oversight
    – Enterprise Risk Management (ERM)
    – Incorporating external data sources
    – Increasing scenario planning
    – Incorporating diverse perspectives and specialized expertise
    – Transparency with stakeholders
    – Building resiliency and sustainability

• Identify the role of the audit committee

• Recognize common general responsibilities of an audit committee

• Identify top priorities for audit committees in the coming months

• Recognize the relationship between internal audit and audit committees

• Identify how internal audit adds value within an organization

 
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Price: 
$99.00
Prerequisite: 

None.

Preparation: 

No advanparation required.

Level of Knowledge: 

Overview.

CPE Credit: 
1.50
NASBA Field of Study: 
Accounting