This new Spring Roundtable Report from KPMG's Audit Committee Institute (ACI) highlights key insights and survey results from ACI's recent 27-city Spring Roundtable Series - "Changes and Challenges Driving the Audit Committee Agenda." These roundtable discussions revealed that, among other things, IT risk and emerging technologies, systemic risks posed by an increasingly interconnected global economy, and the implications of the SEC's new "whistleblower bounty program" and global anti-bribery initiatives are key concerns for audit committees and boards.
The latest edition of the ACI's roundtable report summarizes these concerns, and provides useful tips on how audit committees are addressing oversight of these emerging risk areas. This document may be a useful resource as fund audit committees plan out their oversight agendas.
The full report is available at: http://www.kpmginstitutes.com/aci/insights/2011/pdf/kpmg-aci-spring-roundtable-2011-report.pdf