SEC Seeks Comment on Audit Committee Disclosures

July 10, 2015

The SEC has published a concept release seeking comments on the disclosure requirements for audit committees at listed companies. The SEC seeks information on the effectiveness of disclosures about the audit committees’ oversight of independent auditors and whether improvements can be made. According to Chair Mary Jo White, “The way audit committees exercise their oversight of independent auditors has evolved and it is important to evaluate whether investors have the information they need to make informed decisions.” Read the SEC concept release.

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