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… Read more »
Posts Tagged: audit committees
You Get What you Pay for?
The SEC regulators are becoming very “worried” that pressure to reduce auditor fees due to economic cycles could lead to worse audits. Questions: 1. How do auditor switches impact fees? 2. What legal issues could affect audit committees where auditor fee reductions occur? 3. How does fee-hunting exacerbate this situation? 4. What does the study… Read more »