SEC Registrants

Audit Committees

At Moss Adams, we believe that a competent, independent, tough-minded audit committee is an important part of assuring reliable financial reporting. A properly established audit committee improves the integrity of financial reporting by strengthening audit committee independence, and communication among board members, external auditors and management, while providing its members with the tools they need to fulfill their duty to private and public investors.

We recommend preparing a clearly written audit committee charter as a first step in establishing an effective audit committee. The charter should specify:

  • Audit committee's mandate of ensuring high-quality financial statements
  • Scope of committee responsibilities
  • Activities
  • Meetings
  • Lines of communication among the board, audit committee, company management, internal auditors and independent auditors
  • Reporting
  • Membership requirements

SEC Registrants Contacts

For All Regions

David Follett

206-302-6422

Northern California

Derek Dowsett

415-677-8275

Southern California

Todd Van der Wel

310-481-1206

Pacific Northwest

David Follett

206-302-6422

In Vol. 2 of MA Now, our SOX professionals examine how non-accelerated filers can proactively comply with Section 404(b).

For more insight about the current business climate and the stormy economy ahead, see our SEC/Corporate Finance Thought Leadership Gallery.

Industry Links

AICPA’s Audit Committee Effectiveness Center

The Audit Committee Leadership Network in North America

Securities and Exchange Commission

Financial Accounting Standards Board

Public Company Accounting Oversight Board