News & Analysis as of

Audit Committee

Herbert Smith Freehills Kramer

Corporate Governance Snapshot: Preparing Your Annual Report And For Your AGM In 2026

This snapshot summarises the key developments and issues which have arisen over the last 12 months and which UK-incorporated listed companies should have on their radar when preparing their annual report to be published in...more

KPMG Board Leadership Center (BLC)

On the 2026 Audit Committee Agenda

In its annual message for audit committee members, the KPMG Board Leadership Center shares insights on eight key issues shaping audit committee agendas in 2026. Download PDF Share As the pace of change and complexity in...more

Cooley LLP

Audit Committee Disclosure: In a Nutshell

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Here’s the basics – and some nuances – of what you need to know about audit committee disclosure under Item 407(d) of Regulation S-K: 1. Audit committee charter: Yes, you need one....more

Procopio, Cory, Hargreaves & Savitch LLP

Board Independence and the New Activism Reality

Public company boards are operating in a tougher environment. Regulators expect more, investors are better organized, and activists have better tools. The old practice of checking an “independent” box once a year and...more

Cooley LLP

Board Committees – What Private Companies Should Know

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Our US-based private company clients – particularly later-stage companies – often ask us for guidance on board committees. This article explains what board committees are, key factors in determining whether a private company...more

KPMG Board Leadership Center (BLC)

2025 Audit Committee Survey Insights

Key challenges, concerns, and priorities impacting audit committee agendas. To gain a better understanding of the key challenges, concerns, and priorities impacting audit committee agendas, the KPMG Board Leadership Center...more

Cooley LLP

Governance on the IPO Path: Nine Tips for Late-Stage Private Companies

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In today’s market, an initial public offering (IPO) can be an attractive liquidity option – but you have to be ready to price when the moment is right. While the business and management story, financial reporting and...more

WilmerHale

PCAOB Survives and Continues to Share Guidance with Audit Committees

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Despite the future of the Public Company Accounting Oversight Board coming under threat, the PCAOB continues to release guidance, implement rules, conduct inspections and pursue enforcement actions....more

American Conference Institute (ACI)

[Event] Global Anti-Corruption, Ethics & Compliance - June 10th - 11th, New York, NY

ACI's Global Anti-Corruption, Ethics & Compliance – New York is your best opportunity to hear how companies are addressing the status of DOJ and SEC priorities, effective compliance and risk strategies, strengthening...more

WilmerHale

Selected Reminders for Companies Ahead of First Quarter Reporting

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Global events over the past quarter have had and continue to have a variety of disparate impacts on public companies. Below are some selected disclosure reminders to keep in mind for the upcoming quarterly reporting season,...more

KPMG Board Leadership Center (BLC)

Audit Committee Financial Reporting and Controls Strengthening the CFO–Audit Committee Relationship

In our discussions with audit committee members and CFOs about the keys to maintaining a strong working relationship, including what they need and can learn from each other to be most effective in their roles, the KPMG Board...more

KPMG Board Leadership Center (BLC)

On the 2025 audit committee agenda

Drawing on insights from our interactions with audit committees and business leaders, the KPMG Board Leadership Center highlights nine issues for the audit committee to consider for the year ahead....more

KPMG Board Leadership Center (BLC)

[Webinar] On the 2025 board agenda - January 23rd, 11:00 am - 12:00 pm ET

Join us for the first KPMG Board Leadership Center (BLC) quarterly webcast of 2025 as our KPMG BLC team discusses the critical challenges and priorities driving board and committee agendas in the year ahead....more

Fenwick & West LLP

Securities Law Update - November 2024

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Welcome to the latest edition of Fenwick’s Securities Law Update....more

Cooley LLP

PCAOB Puts NOCLAR Proposal on Hold

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Of course, it’s not just the SEC that will feel the impact of a new administration. Even quasi-regulators like the PCAOB are impacted. Hence, the PCAOB’s recent decision to put its pending rulemaking that would broaden the...more

Vinson & Elkins LLP

Failure to Act: SEC Brings Individual Charges Against CFO and Audit Committee Chair in Corporate AI Fraud Case

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On September 16, 2024, the United States Securities and Exchange Commission (“SEC” or the “Commission”) brought charges against Kubient, Inc.’s (“Kubient”) former chairman and chief executive officer (“CEO”) for allegedly...more

Fenwick & West LLP

SEC Charges AI Co. Audit Cmte. Chair with Failing to Adequately Investigate Report of Financial Misdeeds, Signing 10-K Containing...

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On September 16, 2024, the Securities and Exchange Commission (SEC) filed civil charges against former CEO Paul D. Roberts, former Chief Financial Officer Joshua A. Weiss, and former Audit Committee Chair Grainne M. Coen of...more

Jenner & Block

Client Alert: Key Takeaways from SEC Fraud Charges Against the CEO, CFO, and Audit Committee Chair of Kubient

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Earlier this month, the SEC brought accounting fraud charges in the U.S. District Court for the Southern District of New York against the CEO, CFO, and Audit Committee Chair of Kubient, a company that purported to use AI...more

Cooley LLP

Center for Audit Quality comes to the rescue for audit committees tasked with AI oversight

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In this 2023 article in Fortune, a survey of 2,800 managers and executives conducted by management consulting firm Aon showed that business leaders “weren’t very concerned about AI….Not only is AI not the top risk that they...more

Fisher Phillips

4 Points for Multinational Employers on How China’s Revised Company Law Impacts Workplace Practices

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Multinational employers should be aware of key changes that just took effect and will impact your operations in China. Late last year, lawmakers in China revised and passed the Company Law of the People's Republic of China,...more

WilmerHale

PCAOB Releases Summary of 2023 Conversations with Audit Committee Chairs

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One of the stated goals of the Public Company Accounting Oversight Board (PCAOB) is to preserve external audit quality. To further this priority, the PCAOB regularly invites public company audit committee chairs to have...more

Cooley LLP

CAQ’s 2024 audit committee practices report discusses priorities and practices

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The Center for Audit Quality has released its 2024 “Audit Committee Practices Report: Common Threads Across Audit Committees.” The report highlights the top five audit committee priorities identified by committee members in...more

Society of Corporate Compliance and Ethics...

[Virtual Event] Nonprofit Sector Compliance Conference - May 22nd, 8:00 am - 5:00 pm CT

Get focused insights on compliance management for nonprofits - From fraud and conflict of interest to tax exemption, fundraising, and data security, nonprofit organizations are faced with significant compliance issues,...more

Cooley LLP

What’s new in best practices for board governance in 2024?

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In this brand new report, The Conference Board looked at several of the less glitzy areas of board governance to identify some evolving best practices for attaining board excellence, such as board continuing education. From...more

Cooley LLP

The PCAOB suggest some questions for audit committee members

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The PCAOB has posted a 2023 audit committee resource that identifies a number of questions that audit committees may want “to consider amongst themselves or in discussions with their independent auditors, particularly given...more

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