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Audit committees advance disclosure in 2017 yet again

Tammy Whitehouse | November 1, 2017

Audit committees took it up another notch in the past year in terms of the types and amount of information they voluntarily provide to investors, according to the latest analysis.

A joint report issued by the Center for Audit Quality and Audit Analytics says audit committees made incremental increases in their proxy disclosures from 2016 to 2017 addressing a number of different issues. The analysis of S&P 1500 companies also shows audit committees at larger companies tend to be more likely to provide voluntary disclosures than those at smaller companies.

The analysis didn’t find increases across all topics, however. Fewer audit committees, for example, address issues involving...

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