Increased risk In times of cost-cutting, organisations may be at increased risk
due to poor morale, staff changes, or individuals and divisions cutting corners
in attempting to meet the original expectations. Tone at the ...
There is no universal standard for the way in which audit committees work.
Although broadly they covered the same activities, the number of formal meetings
of companies reviewed ranged between 3 and 13 in the year. The ...
Risk is a Board responsibility, which cannot be delegated. The boundaries of the
audit committee lie somewhere below strategic risk, which is a Board function,
and above detailed internal control, which belongs to ...
The volume of non-audited information released by companies is extensive, and
growing. This information has the power to move the share price. However, there
are few regulations concerning this information, and practices ...
Prepared for the Audit Committee Chair Forum, published by Ernst & Young, CBI
and Cranfield School of Management.
This paper reflects the discussions at a meeting of the Audit Committee Chair
Forum(ACCF) held on 8th ...
The Combined Code requires that audit committees conduct an annual evaluation of
the effectiveness of the audit process. In order for this to be done properly,
committees need to determine what they mean by effectiveness, ...
This paper sets out the results of interview-based research to determine why
companies use performance-related pay. The findings indicate that many companies
adopt this structure despite a belief that the money does not ...