As the business environment continues to evolve in complexity, so does the oversight role of boards. At the same time, investor, regulator, and other stakeholder expectations of board involvement in certain aspects of the business, including aspects traditionally within management’s sole purview, are changing in ways that may blur the lines of responsibility between the two.
The 4th edition of the Audit Committee Practices Report, a collaboration between Deloitte’s Center for Board Effectiveness and the Center for Audit Quality, provides insights into the evolving challenges and priorities facing audit committees. It also highlights leading practices for enhancing audit committee meeting effectiveness.
Although artificial intelligence (AI) is not new, the prevalence of AI and Generative AI in the enterprise makes board oversight vitally important. Particularly in a complex and ever-evolving environment, boards of directors need to be proactive to ensure the organization’s strategy balances innovation and risk management. For boards of directors, the decisions made today will have a lasting impact on both the future of their organizations and society at large.
This Board Practices Quarterly presents findings from a survey of members of the Society for Corporate Governance that focused on their company director orientation and onboarding processes, including materials provided, management participation, practices and activities, and engagement of external providers.
Board-briefing articles that examine a single topic in detail with perspectives from Deloitte subject matter specialists.
Board Practices Quarterly is a quarterly series of reports, done in collaboration with the Society for Corporate Governance, providing pulse survey benchmarks on relevant topics for boards.
Articles of interest from Deloitte Insights in ‘The Wall Street Journal'
Deloitte leaders share insights on the challenging, emerging topics faced by today’s board members as published in NACD’s ‘Directorship’ magazine.
Services
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Center for Board Effectiveness Offerings
The Center for Board Effectiveness helps directors fulfill their oversight responsibility to the organizations they serve throughout their board service, through a portfolio of high-quality, innovative experiences.
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Deloitte Symposiums
These two-day events bring together board and audit committee members with corporate governance leaders for interactive sessions on timely topics facing today's boards.
