Risk Is Top Concern for Audit Committees in 2011

Audit committees' 2011 agendas are being shaped by a number of critical issues. They include risk management and crisis response, financial communications and disclosures, new accounting standards (including IFRS/convergence), legal and regulatory compliance, uncertainty about the economy and government regulations, and IT risk–including cloud computing.

KPMG's Mary Pat McCarthy highlights key survey findings and three "takeaways" from the 7th Annual Audit Committee Issues Conference, attended by 120 audit committee members from around the country.

Download the 2011 Issues Conference Highlights report.