Course Format

Participants dissect the annual work plan of an audit committee, with a focus on how they can most efficiently discharge their duties as members of the audit committee, while adding value to the organizations they serve.

The course immerses participants in real-life examples and experiences, best practices, and topical issues, including:
  • Evolving regulations impacting Audit Committees today
  • The role of the Audit Committee Chair and his/her relationship with other board and management stakeholders
  • The Audit Committee’s role in risk oversight and risk management 
  • The internal and external audit functions, including relationship dynamics with the external auditor 
  • Other key external relationships including regulators
  • Non-standard issues faced by Audit Committees including whistleblowers, fraud, and material restatements
Topics are covered through a combination of instructor-led learning, group work, and case studies.
The lead instructor for the course is a seasoned audit committee chair, who facilitates the day’s learning along with an experienced board director, an external auditor, as well as insight from an internal auditor in residence whose combined governance and technical knowledge further enrich the learning environment and provide a 360-degree perspective.