Did you know - it is the CFO's responsibility to remove all the roadblocks from the Audit Committee's way and provided them with information to ensure that the review is conducted independently? Here is a short guide on what Audit Committees expect from CFOs. Read our blogpost for more information on - -What kind of contingencies the CFOs must inform the Audit Committee about? -How should a CEO-CFO partnership be forged 🤝 How Audit Commitee need to be an Action taker (this Ambani brother was barred from the securities market due to inaction of the Audit Committee? 🫢 https://lnkd.in/dhVX3ZPP

2. 1SHOCK RESISTANT
The audit committee would want the
CFOs to take care of the avoidable
issues and ensure regular
communications and interactions to
discuss all recent developments in
the organization.

3. 2RIGHT HAND OF THE CEO
The Audit Committee often looks at
the CEO-CFO partnership to
measure how well the top leadership
team works together.

4. 3LOOKING OUT FOR
FUTURE TALENT
The Audit Committee needs to be
assured that risks are being
managed and the future of the
organization is in dependable
hands.

5. 4WINDOW INTO THE
ORGANIZATION
Audit committees expect to get
enough face-time with the CFO for
regular agenda-based meetings,
and not just to present the findings
of the audit.

6. After the Audit Committee-
Management meetings, the CFO is
almost always the point of contact for
the Audit committee chair. They should
have a follow-up check list and give
updates on how the matters discussed
in the meetings are being resolved.
5 FOLLOW UP DRIVER

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