Recognizing the challenges that audit committees face in meeting their demanding responsibilities, the Audit Committee Institute (ACI) has been created to serve as a resource for audit committee members and other board members.
It costs nothing to register with the Audit Committee Institute , and participation in its program of events gives directors and members of audit committees a head start in terms of access to information.
It costs nothing to register with the Audit Committee Institute , and participation in its program of events gives directors and members of audit committees a head start in terms of access to information.
The institute has developed a range of tools to assist audit committee members and board members in meeting their oversight role. These tools include:
- This Web site: www.audit-committee-institute.be
- Audit Committee Quarterly Newsletter: This newsletter examines topics of concern to audit committee members and other board members, including audit committee process and policies, regulatory matters, and current developments in accounting and auditing. The Audit Committee Quarterly is a summary of some of the key issues that audit committee members should consider when establishing their next meeting’s agenda.
- Roundtables: Each Roundtable features a guest speaker, and provides, for a limited number of professionals, an exchange of views and insights on topics of interest to members of boards and audit committees. The ACI roundtable sessions can provide you with additional knowledge (focus on topics), enhanced competence (sharing of best practices) and personalized assistance (individual contacts with your peers) that you will find helpful in your increasingly responsible oversight role.
- Seminars: The professional development of board members is of increased importance and focus as corporate governance evolves. The ACI seminars are designed to update members of boards and audit committees on current best practice, along with recent developments in accounting, company law, corporate governance and other regulatory matters. The material will be focused and presented at a high level, adapted to the particular needs of members of boards and audit committees.
- Shaping the Belgium Audit Committee Agenda (including Toolkit): While effective corporate governance is recognized as fundamental, ineffective corporate governance can certainly be a dangerous obstacle to competent board oversight. A number of useful tools and knowledge resources are provided to our members in our publication Shaping the Belgium Audit Committee Agenda, such as a description of basic principles for audit committees,a template audit committee meeting agenda, a format for effective audit committee self-evaluation, internal and external audit assessment forms and specimen terms of reference.
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