If you ask almost any chief audit executive (CAE) whether they have the full support of their audit committee, the answer will almost always be “yes.” But experience tells us that this support is sometimes conditional — firm when the stakes are low, but fragile when the stakes are high. Audit committees rarely hesitate to back us on the easy issues: approving changes to the audit plan or charter or even supporting resource requests. But when it comes to the toughest conversations — pa...
