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As the expectations on audit committees are raised, and as they come under more and more regulatory pressure, it’s increasingly important that board members understand some of the common pitfalls that audit committees can fall victim to.

To help, Top 25 Firm ParenteBeard has compiled a list of the “Seven Deadly Sins of Audit Committees,” based on research and feedback from its third annual Audit Committee Forum, which was held in late November 2012.

Image source: Shutterstock


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