How has the board’s role in financial reporting changed?
RECORDED WEBCAST |
While board members play an important role in an organization’s business, the audit committee’s role of overseeing the financial reporting process is critical…and ever-expanding. The number and magnitude of financial reporting risks to be monitored continue to grow. The COVID-19 crisis also has fundamentally changed the world of work—and, in turn, affects many board responsibilities. Boards, and particularly audit committees, must consider how this unprecedented event affects their financial oversight responsibilities, especially regarding financial reporting.
Join RSM and Directors & Boards for an insightful webinar in which Sara Lord, RSM’s chief auditor and member of RSM’s board of directors; Rick Condon, RSM’s professional practice leader; Lauren Harrell, Director & Head of Commodities, Financial Institutions Group and Audit Committee Chair, Chester County Hospital/Penn Medicine; and April Hall, Managing Editor of Directors & Boards will ask the following questions of audit committee members:
- How has the audit committee board role changed in recent years?
- Are you providing financial reporting oversight with the appropriate rigor?
- Do you have the requisite expertise to truly provide financial reporting oversight?
- Do you and your committee members receive regular education regarding financial reporting oversight?