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Audit committees continue incremental disclosure increases

Tammy Whitehouse | September 30, 2016

A fresh EY study of audit committee disclosures shows audit committees are still making new strides in increasing their voluntary disclosures in annual proxy statements.

In an analysis of disclosures among the Fortune 100, EY zeroed in on 78 companies that have consistently issued proxy statements dating back to 2012 for annual meetings through Aug. 15. The analysis shows audit committees in 2016 made more incremental advances over the year before in their voluntary disclosures about a variety of audit-related matters.

An increased number of audit committees disclosed more about how they oversee and appoint external auditors, how they consider audit quality,...

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