Crafting Board and Committee Agendas: What’s on Your Agenda?

Abstract

Effective board and board committee meetings start with a well-built agenda. The agenda outlines the intended flow of the meeting or call. While there is great diversity in how they are crafted and by whom, every agenda should advance the board of director’s effort in meeting their strategic and oversight responsibilities. Ideally, it is the outside directors who have the loudest voice regarding the board’s oversight responsibilities. Outside directors must position themselves to make well-informed decisions to fulfill their fiduciary duties without assuming the role of management.

Notes

i. http://coso.org/documents/990025P_Executive_Summary_final_may20_e.pdf

ii. http://www.fasb.org/cs/ContentServer?c=Document_C&pagename=FASB%2FDocument_C%2FDocumentPage&cid=1176164076069

Additional information

Notes on contributors

Ronald Kral

Ronald Kral, MBA, CPA, CMA, CGMA is the Managing Partner of Candela Solutions LLC, a public accounting firm with a national focus on governance, controls, and internal auditing. He is a member of Financial Executives International’s working group toward updating the COSO Enterprise Risk Management—Integrated Framework (ERM Framework). Ron educates and advises public and private companies on risk and control matters. He is available for inquiries and can be reached at [email protected]