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The Expanding Role of the Audit Committee

The role the independent audit committee of a board of directors is becoming increasingly important as significant responsibilities shift to the board of directors.

11 minute read January 31, 2014 at 10:28 AM
By
William L. Floyd
The Expanding Role of the Audit Committee

The role the independent audit committee of a board of directors, not unlike the compensation committee, the nominating and governance committee, and perhaps a risk management committee, is becoming increasingly important as significant responsibilities shift to the board of directors.

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