Enterprise Risk Management Takes the Lead, AI Governance Gains Urgency for Audit Committees: Deloitte, CAQ Survey

The fifth edition of Deloitte and the Center for Audit Quality's Audit Committee Practices Report, based on nearly 250 responses, finds committees entering a new era of oversight defined by fast-moving risks and expanding agendas spanning cybersecurity and AI governance. Notably, higher-quality discussion and challenge in meetings ranked as the top-rated opportunity to enhance audit committee effectiveness, cited by 41% of respondents. For board members, it underscores that committee effectiveness hinges on deeper dialogue, not just more reporting.