China

Details

  • Service: Advisory
  • Type: Publication series, Regulatory update
  • Date: 2/5/2010

Ten To-Do's for Audit Committees in 2010 

China boardroom update - Issue 1, February 2010

 

In 2009, the economic crisis placed tremendous stress on companies, alarming even the most experienced financial experts. Boards and audit committees guided companies through the crisis - monitoring financial forecasts by focusing on liquidity and cash management and assessing the company's risk profile. As 2010 begins and both global financial and economic conditions are expected to improve, these monitoring strategies still take top priority. For companies that have survived the turbulent times, boards and audit committees need to take the lead in addressing key issues in the lingering volatile business environment.

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