Center for Audit Quality Launches Tool for Board Cybersecurity Oversight

The Center for Audit Quality has published a tool to assist Board members of public companies to oversee cybersecurity risk management. The publication incorporates key questions that members of public company Boards can use in  discussing cybersecurity risks and disclosures with management and CPA firms.

According to a report in Accounting Today, the questions are grouped into four main areas:

  • Understanding how the financial statement auditor considers cybersecurity risk;
  • Understanding the role of management and responsibilities of the financial statement auditor related to cybersecurity disclosures;
  • Understanding management’s approach to cybersecurity risk management;
  • Understanding how CPA firms can assist boards of directors in their oversight of cybersecurity risk management.

 

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