Board of Directors Audit Committees Under Heightened Regulatory Scrutiny: Meeting Expanded Demands
Navigating Evolving Requirements for Financial Reporting, Risk Management and Compliance
Recording of a 90-minute CLE webinar with Q&A
This CLE course will examine the evolving role and responsibilities of board of directors’ audit committees in light of increased regulatory scrutiny of the committees and their members. The panel will discuss best practices for audit committees and their advisors to meet evolving requirements regarding financial reporting, risk management and corporate compliance.
Outline
- Latest developments impacting audit committees
- Best practices for audit committees
- Financial reporting
- Risk management
- Corporate compliance
Benefits
The panel will review these and other key issues:
- What are the key responsibilities of the audit committee, and how have those responsibilities evolved over the years?
- How will increased regulation of audit committees affect their role and responsibilities?
- What are some best practices to ensure audit committee effectiveness in the areas of financial reporting, risk management and corporate compliance?
Faculty

Paul Marcela
President & Managing Director
Governance Partners Group
Mr. Marcela leads Governance Partners Group, a corporate governance consulting firm that provides outsources Chief... | Read More
Mr. Marcela leads Governance Partners Group, a corporate governance consulting firm that provides outsources Chief Governance Officer services to companies that have a need to practice good corporate governance but may not have sufficient internal resources to practice good governance in an appropriately robust manner. He previously served as Vice President, General Counsel & Secretary of North American Bus Industries, Inc. and also served NABI’s sister company, Blue Bird Corporation. Previously, he was Associate General Counsel & Assistant Secretary of Dow Corning Corporation, a substantial global specialty chemical company equally owned by The Dow Chemical Company and Corning, Incorporated.
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Chip Presten
Partner
Womble Carlyle Sandridge & Rice
Mr. Presten represents corporate clients in various aspects of corporate, mergers and acquisitions, and securities... | Read More
Mr. Presten represents corporate clients in various aspects of corporate, mergers and acquisitions, and securities practice, including private equity transactions, acquisition and divestiture of public and private companies, and offerings of debt and equity securities. He also provides counsel on general corporate matters including fiduciary obligations and duties of directors and officers, preparation of annual and quarterly reports, proxy statements and shareholder meeting materials, Section 16 short-swing trading and insider reporting concerns, and Rule 144 and Rule 145 requirements.
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