The Audit Committee

The audit committee serves as the guardian of an institution's most valuable asset: its reputation.  As colleges and universities have become subject to intense scrutiny, the result is a new institutional focus on accountability, transparency, and enterprise risk management, as well as efficient and effective operation.  Author Richard L. Staisloff shows how audit committees meet these concerns through the preparation of accurate and timely financial statements, adequate internal controls, compliance with laws and regulations, and, in some cases, management of operating risks. 

AGB thanks Crowe Horwath for its support of this work.