view_agenda  Chapters 
 auto_awesome  Transcript 
 info_circle  Episode notes 
Key Takeaways:
- Audit Committees should have a playbook when allegations of fraud arise. 
- The Audit Committee’s response level to a particular allegation will depend on the scope of the allegation and the corporate environment.
- Determining when an independent investigation is necessary and how independent it needs to be is determined by the context of fraud allegations. 
- Timeliness is critical. 
- Care should be taken in communicating with stakeholders.