With the ever-changing regulatory landscape, setting the tone at the top has never been more important. Organizations rely on the judgment of audit committee members to appropriately oversee areas such as risk, compliance, financial reporting and corporate resources. The expectations and obligations on audit committees continue to evolve in response to governance developments and the need for Boards and governing bodies to demonstrate that they are adhering to relevant audit, assurance and risk management requirements. It is therefore imperative for audit committee members to remain up to date and aware of changes to their responsibilities