Initiatives

Southeast Audit Committee Network

Information technology. M&A. Fraud. Risk management. Tax. More than 30 audit committee chairs residing in or representing companies in the Southeastern region of the United States have discussed these and other important audit committee oversight issues in our Southeast Audit Committee Network (SEACN), founded in 2005. The network is supported by Ernst & Young.

This dialogue has contributed to enhanced audit committee performance and highlighted opportunities for directors across the area to refine corporate governance practices.

Recent network topics:

Oversight of international opportunities and risks

Members of the Southeast Audit Committee Network convened in Atlanta on March 1, 2012 to discuss board and audit committee oversight of international opportunities and risks. Members discussed the strategic, operational, and compliance risks associated with emerging markets growth, and outlined ways that management, the board, and the audit committee help their companies capitalize on the growth opportunities and mitigate the risks in emerging markets. Members were joined by Sam Fouad, leader of Ernst & Young’s Americas Emerging Markets Center.

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The audit committee’s relationship with the external auditor

The Southeast Audit Committee Network held its 20th meeting on November 7, 2011, in Atlanta. Network members discussed audit scope, audit fees and fees for non-audit services, strengthening working relationships with their audit firms, and evaluating their performance. All of the members serve on boards of companies that are clients of the Big Four accounting firms. 

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Audit committee oversight of IT risk

Members were joined by chief information officers from several of their companies to discuss best practices for managing the risks introduced by new technologies, including cloud computing and social media.

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Participant Profile

Jim Copeland 122

Jim Copeland
Southeast Audit Committee Network

Audit Committee Chair, Equifax, ConocoPhillips, and Time Warner Cable

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