As we close 2024, we are pleased to present the now familiar “On the 2025 Agenda” papers.
With respect to the audit committee agenda, Audit Committees can expect their company’s financial reporting, compliance, risk, and internal control environment to be put to the test in 2025 by an array of challenges that have grown and intensified over the past year. From global economic volatility and the wars in Ukraine, the Middle East and Sudan, to cyberattacks, global climate and sustainability reporting requirements, and advances in artificial intelligence (AI). These issues—and others—will also put the audit committee’s skill sets and agenda to the test. Does the committee have the leadership, composition, and agenda time to carry out its core oversight responsibilities—financial reporting and internal controls—along with the growing range and complexity of other risks?
Drawing on insights from our survey work and interactions with audit committees and business leaders, we highlight ten issues to keep in mind as audit committees consider and carry out their 2025 agendas.
Click on the following links to read more:
Last week, similar to prior year, Steve and Fiona went to London to meet with the leaders of 20 other KPMG Board Leadership Centres from countries across the globe including Australia, India, the UK and the US. It was an excellent opportunity for us to share ideas, insights and thoughts around deeper collaborations between our teams that will enable us to better serve you in 2025 and beyond.
Please get in touch with our team if you have any questions regarding any of the latest “On the 2025 Agenda” papers and we look forward to seeing you in 2025 for our next events.
