Audit Committee Leadership Network
Upholding market confidence
Audit committees play a vital governance role. They are a critical element of establishing confidence and trust in capital markets through reliable financial and non-financial disclosures. Many audit committees are now charged with overseeing additional risks, including vitally important areas such as cybersecurity.
Formed in 2003, the Audit Committee Leadership Network (ACLN) includes the chairs of the audit committees of North America’s largest public companies. Three times each year, ACLN members gather for a confidential discussion. Meeting agendas are driven by the members’ interests, ranging from audit and accounting issues, to board leadership and effectiveness, to cybersecurity and other risk oversight matters, to engagement with policymakers, regulators, and standard-setters. ACLN members have enjoyed dialogues with the Secretary of the Treasury and the chairs of the FASB, PCAOB, and SEC.
The ACLN works closely with the European Audit Committee Leadership Network (EACLN). Members of the ACLN and EACLN convene a summit meeting once each year.
