The Audit Committee Institute (ACI) has published a new guide ‘The Audit Committee Handbook’. This publication, written for both the Irish public and the private sectors, highlights the Audit Committee’s role and provides guidance to help Audit Committees gain a better understanding of the processes and practices that help create effective Audit Committees.

The publication covers a range of topical material of relevance to Audit Committee members and non-executive directors. The Institute has been providing commentary and guidance on audit and governance related matters for almost ten years.

The guide is designed to be an easy reference guide to a range of topics from the Irish regulatory landscape to the duties of audit committees and communications with shareholders. We have published the guide in the context of increasingly higher stakeholder expectations and more stringent scrutiny by regulators and investors. Thus, the role of the Audit Committee has rapidly increased in importance and expanded in scope.