How Fund Directors bring value to the external audit: Best practices and developments
How Fund Directors can bring value to the external audit in the context of a new market study with guidance on best practices
ILA, in collaboration with Deloitte, is hosting an event launching the new ILA guidance developed for Fund Directors overseeing the financial statement audit cycle coupled with the outcome of a new market study covering corporate governance and financial reporting trends from the 100 largest regulated Funds in Luxembourg.
The Board is ultimately responsible for approving the annual report: but how do Directors best interact with the auditor and discharge their responsibilities throughout the audit cycle? How can Directors add value through each touchpoint and leverage on available guidance and best practices to achieve an efficient and effective audit? ILA has developed a guide for Fund Directors and we will take this opportunity to present this guide.
Through a study of current practices and disclosures covering the 100 largest regulated Funds in Luxembourg, we will also take a look at themes that Fund Boards are focussing on:
How does your Board rate? What improvements can you suggest for implementation in the next audit cycle?
Come and join us to hear from and interact with a panel of seasoned Fund Directors and market participants as they debate these topics.