Assessment Questions for Audit Committees to Consider

(Offered in Conjunction With Protiviti’s The Bulletin, “Setting the 2023 Audit Committee Agenda”)

As they self-assesses their performance periodically, audit committees may find useful the illustrative questions we have made available in our Assessment Questions for Audit Committees to Consider. Committee members should periodically assess the committee’s composition, charter and agenda focus in view of the company’s industry, circumstances, risks, financial reporting issues and current challenges it may be facing.

Assessment Questions Topics


These questions are intended to be illustrative and do not purport to cover every topic the committee should consider, nor are they intended to be a one-size-fits-all approach that applies to every audit committee. The full list of questions may be better suited to larger companies. Accordingly, they should be customised to the committee’s specific needs and assessment focus, in conjunction with the board’s overall self-assessment process.

These questions should be used in conjunction with the agenda items suggested in Protiviti’s latest issue of The Bulletin, “Setting the 2023 Audit Committee Agenda,” as those items are unique to the next 12 months and may not be included specifically in this summary.