Understanding the Audit Committee Responsibilities

$499.00

As low as $49 per board member (based on a 10-member board)

Does your board have accurate financial reporting and statements? Is there someone in your organization qualified to provide accurate information? In this course, you will learn the Audit Committee’s responsibilities, specifically in assuring the accuracy, integrity and independence of the financial reporting process.

Overview

Organizations and their Board of Directors are under increasingly more scrutiny and accountability than ever before. Boards are ultimately responsible for the oversight of the organization’s financial and risk monitoring and reporting processes, and this is accomplished through the Audit Committee.

With this course you will receive a detailed 20-page governance guide, 20-minute video training module and a sample governing policy you can start using today to start building a checklist of roles and responsibilities for your Audit Committee that ensures credibility and accountability for your organization.

What You'll Learn

  • Why accountability and independence are cornerstones of the Audit Committee
  • What are the responsibilities of the Audit Committee both internally and externally
  • How to structure the committee and identify who is qualified to be on it
  • What an audit report should contain
  • What the process looks like for reporting potential fraud
  • Agenda for audit committee meetings

Instructor

About your instructor: Darrell Kuhn

DJ (Darrell) Kuhn, author of The Boardroom Blueprint, is a noted leader and visionary with a successful career in an executive leadership and a member of Atlantic Business Magazine’s prestigious CEO Hall of Fame. He has been an exemplary community volunteer and board member in roles for many organizations over the last 30 years including the Chamber of Commerce; United Way; Food Banks; Canadian Mental Health Association; Diabetes Association; Rotary Clubs and various Business Developmental Agencies.

A strong advocate for local non profit organizations, Darrell recognizes the profound impact on the communities they serve. He believes that the creation of a strong governance structure and leadership capacity, significantly impacts the effectiveness, brand and reputation of any organization. This passion and experience has positioned Darrell as a foremost expert in effective board governance and leadership.

Buy the Bundle and Save 40%

Get unlimited access to all 16 courses for your entire board AND receive a copy of the Boardroom Blueprint ebook!
or buy as a single course

$499.00

Course can be made available to your entire board.

5 Lessons