2019 audit committee outlook for health care

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Doctors talkingYour organization’s most valuable asset is its reputation, and that reputation must be able to withstand today’s increased scrutiny. As an audit committee member, you are a guardian of that precious asset.

You and your fellow audit committee members help the board maintain the organization’s overall integrity, financial credibility and long-term viability. A sharpened focus on accountability, transparency and risk has brought your role into the public eye. A critical responsibility for every committee is to ensure the organization prepares accurate financial statements, exercises responsible financial management, complies with laws and regulations, and effectively manages operating risks.

Understanding that your role is both rewarding and challenging, Grant Thornton has created this audit committee outlook to provide an overview of recent accounting pronouncements and tax regulations that have the potential to affect your organization. It is a reference to assist you in discharging your critical fiduciary responsibilities.

Download our 2019 Health Care Audit Committee Outlook to understand how recent and near-future developments will impact corporate financial reporting and disclosure.