Publication

As boards navigate increasingly complex risks, evolving regulatory developments, and ongoing economic and geopolitical uncertainty, audit committees are grappling with new oversight responsibilities and wide-ranging agendas. On November 10–11, 2022, members of the Audit Committee Leadership Network (ACLN) held a members-only session in Washington, DC, where they shared the top concerns keeping audit chairs up at night. This ViewPoints summarizes key themes that ACLN members highlighted during the discussion:

• Impending environmental, social, and governance (ESG) reporting requirements present a major concern. 
• Compounding risks and unprecedented uncertainty create new oversight challenges. 
• Audit committee agendas, already crowded, are under even greater stress.