How much time does your audit committee spend on internal controls? We’re willing to bet that whatever your answer, it will be more in the future.
Over the past few months, a disparate and seemingly unrelated set of private-sector initiatives, enforcement actions, and regulatory changes have played out across the United States and Britain. None of these initiatives specifically focus on the audit committee, but we think it’s inevitable that they will collide there, even though the proponents of them didn’t intend that to be the destination.
