According to a new KPMG report, audit committees will have fuller plates than usual in the coming year as a result of managing agendas packed with new risk management responsibilities amid the fallout from the coronavirus pandemic and other crises of 2020
Questions
- How many issues has KPMG identified that audit committees will have to deal with?
- According to the report, what percentage of audit committee members surveyed said that COVID-19 has prompted them to reassess the scope of their agenda and their risk management responsibilities?
- What were the issues listed in order of importance according to the article?
Source:
Hood, D. (2020) COVID disclosures, extra risks top audit committee agendas for 2021. Accounting Today, December 23 (Retrievable online at COVID disclosures, extra risks top audit committee agendas for 2021 | Accounting Today)