Audit Committee Requirements Practice Aid

Instructions For Use Tab

Rules & Regulations Tab 
Provides a summary by category of the rules, regulations and releases governing specific AC duties, responsibilities and disclosures.

Practice Aid Tab
Aligns the specific audit committee duties, responsibilities and disclosures with suggested timing and status of completion to be used as a guide in conducting periodic audit committee meetings, communicating with the various stakeholders in the financial reporting and audit cycles throughout the year, and in preparing documentation that supports the activities of the audit committee. The Practice Aid may be further customized by adding rows/columns to document additional activities that may be germane to your industry or for which your organization finds benefit.

Practice Aid Expanded Tab
As an alternative, this tab can be used instead of the Practice Aid as it combines content from both the Rules & Regulations Tab aligned with related audit committee activities contained within the Practice Aid Tab.

Additional Resources Tab
Includes related BDO or external resources for your reference within each category.