A report released by Huron Consulting Group found that the number of accountants on audit committees has doubled over the last four years. In its research, however, the group found six out of 10 companies did not have at least one accountant on its audit committee in 2005.
“Despite an increase in the number of accountants on audit committees, they are still playing catch up to other categories of professionals,” said Huron managing director Maureen Loftus, in a statement. “In fact, most people are very surprised to learn how few accountants are on audit committees.”
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