| About ACI
The Institute has
developed a range of tools to assist audit committee members in meeting their
oversight role. These tools include:
- This web site: www.kpmg.co.uk/aci;
- Help line: Tel 020 7694 8855 (office hours) or email auditcommittee@kpmg.co.uk;
- Roundtables: The
roundtables enabling discussion between audit committee members and
provide for the exchange of views and insights on topics of interest.
Recent Roundtables have addressed, the role of the audit committee
within the unitary board and the revised Combined Code guidance for
audit committees;
- Breakfasts: The
ACI breakfasts provide a small forum for detailed discussion and
debate of topics of interest to audit committee members;
- Audit
Committee Institute technical update
seminars: Our Development Programme
aims to enhance both the awareness
of audit committee members and
their ability to implement effective
audit committee processes. It is
focused on the needs of audit committee
members and provides, on a timely
basis, an understanding of the
principles and developments in
financial reporting (including
International Financial Reporting
Standards), company law and corporate
governance.
- Sector
specific events: Recognising the particular
technical issues different
sectors face, the ACI has established
industry specific technical update
sessions, to assist audit committee
members.
- Topic
specific events: Topic specific seminars have
been designed to give additional
support in areas that can be particularly
challenging for audit committee
members, either because of
the topic’s scope
or its complexity.
The ACI also issues a number of publications designed for audit
committee members:
- Audit
Committee Quarterly:
A summary of issues of concern to audit committee members including
audit committee process and policies, regulatory matters and current
developments in accounting and auditing. This publication provides
a useful summary of some of the key issues that audit committee members
should consider when establishing their next meeting’s agenda;
- Audit
Committee Toolkit:
A series of concise, easily readable tools that provide examples
of audit committee reporting and documentation required, evaluation
and assessment aids and specimen terms of reference;
- Regulatory-analysis
and “hot topic” mailings:
These include Companies Act
2006, Disclosure of information
to auditors.
- Shareholders’ Questions: To assist audit committee members
and other directors in their preparation for their company's Annual
General Meeting Shareholders’ questions suggests questions
that shareholders are likely to ask thereby allowing directors to
develop informed responses;
- Corporate
governance Surveys: Recent
surveys include: The Audit
Committee Journey – Evolving
Priorities, Practices and
Perspectives – A
Global View - 2006–2007
International Audit Committee
Member Survey.
Regulatory
Analysis
Companies Act 2006, Disclosure
of information to auditors.
We encourage you to make full use of the ACI to remain informed
about today's critical issues.
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