Free Audit Committee Effectiveness Survey
Board Benchmarking is pleased to offer its standard Audit Committee Effectiveness Survey and a complimentary summary report to organisations at no cost. Depending upon your results, audit committees may wish to order a high/low report, a part report, or a comprehensive report.
To order a free Audit Committee Effectiveness Survey, click here.
Why conduct an Audit Committee Effectiveness Survey?
Audit committees can be faced with the following challenges:
- uncertainty as to whether they’re doing all the things they should be doing and that they are effective
- demands from directors who aren’t on the organisation’s audit committee but who are equally responsible, so need assurance their committee is doing the right things and is effective
Take a “temperature check” so that any problem areas or early warning signs can surface and be addressed promptly and effectively. The cost of waiting, or doing the minimum, in terms of liability and reputation (both personal and organisational), could be irreparable.
By undertaking a confidential and rigourous review, audit committees can reveal areas requiring improvement and then work to implement improvement initiatives for greater effectiveness.
Audit committees that undertake our Audit Committee Effectiveness Survey give their board confidence that oversight and review responsibilities of the committee are being fulfilled, or if not, what steps need to be taken to improve such.
About the Audit Committee Effectiveness Survey
The Audit Committee Effectiveness Survey includes 120 hard-hitting, best practice survey statements that can be responded to by audit committee members in around 30 minutes.