MFDF - Mutual Fund Directors Forum - SEC Chief Accountant on Audit Committees test

Member Login



Request an account

Sample Banner 1

SEC Chief Accountant on Audit Committees

At PLI’s SEC Speaks conference, the SEC’s Chief Accountant, Paul Beswick, gave a presentation entitled Audit Committee: Back to Basics.  The presentation covered the role and responsibilities of audit committees and included a discussion of key audit committee functions.  The four key take-aways from the presentation were as follows:

  • “Audit committees are in a unique position to represent investors and play an important role in promoting high quality, transparent financial reporting to investors
  • Monitoring independence is an ongoing responsibility of the audit committee
  • Frequent dialogue with management and a direct line of communication with the auditor are an important part of the oversight role
  • Audit committees are encouraged to think critically about disclosure to investors about the committee’s work.”

 

 
  • All
  • Accounting and Audit
  • Advisory Contracts
  • Board Governance
  • Board Governance: Board Leadership
  • Board Governance: Compensation
  • Board Governance: Oversight of CCO
  • Board Governance: D&O Insurance
  • Board Governance: Self-Evaluation
  • Closed-end Funds
  • ETFs
  • Other Oversight
  • Other Oversight: Alternative Investments and Derivatives
  • Other Oversight: Custody
  • Other Oversight: Fixed Income funds
  • Other Oversight: Distribution
  • Other Oversight: Portfolio Trading
  • Other Oversight: Proxy Voting
  • Other Oversight: Securities Lending
  • Legislative News
  • Money Market Funds
  • Reference
  • Regulatory News
  • Risk
  • Shareholder Disclosure
  • Valuation
  • Webinars
  • Aaron New Tag

SHOWING 0 TO 0 OF 0 ENTRIES (FILTERED FROM 0 TOTAL ENTRIES)