Recent high-profile media reports of corporate malfeasance provide ample examples of negative impacts that can be traced to poor tone at the top—senior leadership’s role in setting and enforcing the priorities and values of the company. Because an audit committee oversees functions that can be influenced by tone at the top, it has a unique opportunity to proactively probe and consider whether management is encouraging a healthy reporting and internal control environment. An audit committee’s focus on tone at the top is an important aspect of financial reporting and risk management. Ideally, a positive tone at the top can reduce the risk of errors and of misconduct impacting financial reporting. Click here to read the full article on The Corporate Governance Advisor.