“Companies must have internal controls verified by an internal team, external auditors validate them, and an independent board committee receives the reports.”
♫
Said on All-In with Chamath, Jason, Sacks & Friedberg
“They’ll implement robust internal controls… partner with external auditors… designate an independent committee of the board… a line to the board that circumvents the CEO”
TBPN · White House AI Accord, Model Welfare, Ken Griffindor School of Market Wizardry | Ali Golshan, Mike Intrator, Vlad Tenev, Pari Singh, Minna Song, Dev Ittycheria, Daragh Murphy, Noah Friedman
Play from 9:19
9:19
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What was described
implemented a four-point internal governance framework: internal controls team, external auditors, independent board committee, and direct reporting line to the board
Said nearby on the same subject
“If the board disregards the external auditor report, their DNO policy can get canceled.”
♫
Said on All-In with Chamath, Jason, Sacks & Friedberg
“In one of my recent audit committee meetings, we dedicated 40% of our time just to AI in internal and external audit.”
LH
Laura Hay
PwC's accounting podcast ·
“I report directly to our CEO with a dotted line to the board… the government likes to see the compliance officer not be beholden to the general counsel”
JM
Jillian Marcus
The Compliance Advantage ·
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