As the business environment continues to change, so does the risk landscape that companies and their audit committees face. Given the dynamic economic, business, regulatory and political environment, committee members should be mindful of developments over the course of a year that may drive emerging issues requiring the committee’s attention.

This issue provides observations and ideas for consideration by boards of directors and audit committees when setting the 2013 agenda. We present 10 major challenges many companies will face over the course of a year and summarize an audit committee agenda that is broken down into two categories – enterprise, process and technology risk issues and financial reporting issues.