Audit Firms Changing Their Business Models– What Audit Committees May Want to Know

BDO in the Boardroom

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7M ago 14:42

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Key Takeaways:

One of the roles of a board of directors is to continually assess the company and make decisions in the best interest of sustaining value for the long-term.

Decisions to change business models should be weighed against the core purpose of the organization.

Significant strategic changes necessitate the board to broadly evaluate the impacts on significant internal and external stakeholders.

References:

SEC Chief Accountant Statement: Audit Independence and Ethical Responsibilities: Critical Points to Consider when Contemplating and Audit Firm Restructuring

BDO as an ESOP Company

83 episoder

#MBA #Entrepreneur #Business #BDO USA #Erica Orsini #Corporate Governance

Audit Firms Changing Their Business Models– What Audit Committees May Want to Know

BDO in the Boardroom

published 7M ago

Del

MP3•Episode hjem

Key Takeaways:

One of the roles of a board of directors is to continually assess the company and make decisions in the best interest of sustaining value for the long-term.

Decisions to change business models should be weighed against the core purpose of the organization.

Significant strategic changes necessitate the board to broadly evaluate the impacts on significant internal and external stakeholders.

References:

SEC Chief Accountant Statement: Audit Independence and Ethical Responsibilities: Critical Points to Consider when Contemplating and Audit Firm Restructuring

BDO as an ESOP Company

83 episoder

#MBA #Entrepreneur #Business #BDO USA #Erica Orsini #Corporate Governance

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Audit Firms Changing Their Business Models– What Audit Committees May Want to Know