On the 2017 higher education audit committee agenda

Drawing on insights from KPMG's 2017 Global Audit Committee Pulse Survey as well as interactions over the last year with audit committees and senior management of colleges and universities, this publication highlights four areas for higher education audit committees should consider as they carry out their 2017 agendas:

• Monitor implementation plans and activities for major financial reporting and accounting changes on the horizon
• Quality financial reporting starts with the CFO and the business office/finance organization; maintain a sharp focus on leadership and bench strength
• Refine and widen discussions about cyber risk and security
• Focus internal audit on key areas of risk and the adequacy of the institution's risk management processes generally

In addition, the publication highlights several risk areas that will require attention from higher education audit committees over the next year.

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