Audit Committees: The New Guardians of Risk

Audit committees are stepping up their game. With risks growing faster than ever, these groups are becoming more important. They are the ones making sure companies stay on track. The Institute of Internal Auditors (IIA) just launched a new center to help them. It offers tools, training, and support to keep audit committees sharp. What’s the big deal? Well, risks are changing fast. Think cyber threats, financial troubles, and even AI. Audit committees need to stay ahead. They are using new tech to spot risks early. AI and analytics are helping them see patterns and predict problems before they happen.But it’s not just about tech. Audit committees need to ask the right questions. They must challenge the people running the company. This way, they can make sure everything is on the right track. Experts say audit committees should be curious and bold. They should not just take things at face value. Meanwhile, some big changes are happening in the CFO world. Linda LaGorga is stepping down as CFO of Entegris. Mike Sauer will take over as interim CFO. Over at AuditBoard, Hugo Doetsch is the new CFO. He brings a lot of experience to the role. And let’s not forget the big news in corporate reputation. Apple is still on top. Amazon and Microsoft are close behind. These companies have been leaders for years. They show what it takes to stay ahead in a tough world.