Videos
Building an effective audit committee / External auditor relationship
External auditors inspect a company’s accounting records and decide whether financial statements are presented fairly in accordance with applicable accounting standards along with evaluating internal controls and data security. This role often dovetails with the oversight function of the board-level audit committee. In this episode, Tom Aaron, Board Member at Cincinnati Financial Corp. and AirSculpt Technologies, discusses how the relationship between external auditors and the audit committee can be effective for both parties. What should audit committees expect from their external auditors? What should external auditors expect from their audit committees… especially from the audit chair?