| | Internationally, the interest in and response
to KPMG's efforts have allowed the ACI to grow from an initial concept in 1999
when the first institute was launched in the U.S. It has now evolved into a wider
initiative with KPMG member firms supporting ACIs in 11 countries.
Each
ACI develops its own approach and initiatives based on the needs of audit committees
in its country, and leverages programs and thought leadership documents developed
by other ACIs.
In summary, ACI's key objectives are to provide independent
directors with a forum to exchange information and leading practices with other
independent directors, and provide support to enhance audit committee practices
and processes. If you would like more information about the ACI, please
contact us.
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