Deloitte’s Updated Audit Committee Guide and Additional Audit Committee Publications

I am providing a link to the Deloitte primary page for its updated Audit Committee Guide.

The following is the page introductory paragraph:

Roles and responsibilities of audit committees

As an audit committee member, you have an essential role in contributing to your company’s success. Shareholders rely on your judgments as they make investment decisions. Your fellow board members depend on your insights as they consider the company’s risk landscape. Broader stakeholder groups, including regulators, management, employees, customers, and vendors, look to you to promote a culture of governance and compliance that can protect the company and enable it to thrive.
Your success in meeting this ever-expanding mandate requires a clear understanding of the audit committee’s roles and responsibilities. The latest edition of Deloitte’s Audit Committee Guide is intended to help you with this understanding.
While the guide is focused on requirements for US public companies, much of the content can be leveraged by those serving on nonpublic company audit committees.

You can download the Guide from the above link. The Guide has three primary parts: Audit Committee Requirements; Audit Committee Oversight Responsibilities; and Audit Committee Effectiveness. The page also provides additional links that you will find useful: Audit Committee Brief (a monthly email); On the audit committee’s agenda (a series of periodic audit committee-focused publications that examines topics impacting the audit committee’s responsibilities and priorities); Audit Committee Practices Report; and Questions for audit committees to consider.

Audit committee responsibilities have changed dramatically since the Sarbanes-Oxley Act of 2002. New changes and responsibilities have significantly increased and will continue to occur for public company audit committees, internal auditors, independent auditors, nonpublic company/business audit committees, nonprofit audit committees, and governmental audit committees. You can find discussions on these topics on this blog and on my blog that was prior to this blog (see the below link to

Thank you for reading. Please pass this along to other people who would be interested.

* * * * * * *

Best to you,

David Tate, Esq. (and inactive CPA)

  • Business litigation and disputes – business, breach of contract/commercial, co-owners, shareholders, investors, founders, workplace and employment, environmental, D&O, governance, boards and committees.
  • Trust, estate and probate court litigation and disputes – trust, estate, probate, elder and dependent abuse, conservatorship, POA, real property, mental health and care, mental capacity, undue influence, conflicts of interest, and contentious administrations.
  • Governance, boards, audit and governance committees, investigations, auditing, ESG, etc.
  • Mediator and facilitating dispute resolution:
    • Trust, estate, probate, conservatorship, elder and dependent abuse, etc.
    • Business, breach of contract/commercial, owner, shareholder, investor, trade secret, etc.
    • D&O, board, audit and governance committee, accountant and CPA related.
    • Other: workplace and employment, environmental.

Remember, every case and situation is different. It is important to obtain and evaluate all of the evidence that is available, and to apply that evidence to the applicable standards and laws. You do need to consult with an attorney and other professionals about your particular situation. This post is not a solicitation for legal or other services inside of or outside of California, and, of course, this post only is a summary of information that changes from time to time, and does not apply to any particular situation or to your specific situation. So . . . you cannot rely on this post for your situation or as legal or other professional advice or representation.

Also note – sometimes I include links to or comments about materials from other organizations or people – if I do so, it is because I believe that the materials are worthwhile reading or viewing; however, that doesn’t mean that I don’t or might not have a different view about some or even all of the subject matter or materials, or that I necessarily agree with, or agree with everything about or relating to, that organization or person, or those materials or the subject matter.

Thank you for reading this post. I ask that you also pass it along to other people who would be interested as it is through collaboration that great things and success occur more quickly. And please also subscribe to this blog and my other blog (see below), and connect with me on LinkedIn and Twitter.

My two blogs are: – business, D&O, audit committee, governance, compliance, etc. – previously at

Trust, estate, conservatorship, elder and elder abuse, etc. litigation and contentious administrations

David Tate, Esq. (and inactive California CPA) – practicing only as an attorney in California.

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