Heightened scrutiny of directors by the SEC will remain an enforcement priority. Protect your business from risk with these suggestions.
Click on the following link for the discussion: www.nacdonline.org
Dave Tate, Esq. comments. Directors and audit committee members, know satisfy your duties and the business judgment rule, have and acquire sufficient knowledge, diligently spot and treat red flags, make use of internal audit and the external auditor, use legal counsel and consultants, interact and communicate with the executive officers, know and understand internal controls (COSO 2013), fraud, auditing, accounting, the FCPA, and compliance topics and issues.