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2019 audit committee outlook for technology

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Technician fixing cables on a serverAudit committees, at the front line of business, are increasingly under scrutiny themselves. Regulators are requiring more transparency among all audit committee members, insisting that quality controls serve to prevent deficiencies from occurring in the first place, and requiring a rapid and complete response when deficiencies do occur.

Nowhere may this be more of a challenge than in the technology sector, where audit committees work with some of the fastest growing enterprises in our economy. What will tech audits face in 2019?

Grant Thornton’s audit committee outlook for technology companies is intended to help you learn more about developments related to your oversight role. Included in this report is a discussion of key challenges for today’s tech companies. They include cybersecurity, governance, disruption, Wayfair, implications of outsourcing vs. tech, and ASC 606.

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