Audit Committee Practices Report

This is the third edition of the Audit Committee Practices
Report: Common Threads Across Audit Committees, a joint effort between
Deloitte’s Center for Board Effectiveness (Deloitte) and the Center for Audit
Quality (CAQ). Our goal is to provide directors—especially audit committee members—and governance professionals insights into audit committee priorities, challenges, and opportunities. 

The report offers leading practices and commentary around audit committee effectiveness. Our latest report identifies Cybersecurity and enterprise risk management as the two top priorities for audit committees in the next 12 months. Rounding out the top five priorities are finance and internal audit talent, compliance with laws and regulations, and finance transformation.

The data are based on a survey of audit committee members from US public companies. 

to learn more about key findings that may help stimulate conversation among audit committee members and those who interact with them.