A version of this article appeared in the May 2004 issue of Harvard Business Review.
Audit Committees Can’t Add
Roman L. Weil is appalled by what he doesn’t see on boards. Weil is an accountant on a mission: to expose financial illiteracy on corporate boards and fix it. As a chaired professor of accounting at the University of Chicago’s Graduate School of Business; a consultant to the SEC, the U.S. Treasury, and the Financial […]
Summary.
Reprint: F0405D
University of Chicago’s Roman Weil charges that many audit committee members are financially illiterate—and he has the test results to prove it.
New!
HBR Learning
Finance Essentials Course
Accelerate your career with Harvard ManageMentor®. HBR Learning’s online leadership training helps you hone your skills with courses like Finance Essentials. Earn badges to share on LinkedIn and your resume. Access more than 40 courses trusted by Fortune 500 companies.
Strengthen your fluency in financial statements.
Learn More & See All Courses
New!
HBR Learning
HBR Learning
Finance Essentials Course
Accelerate your career with Harvard ManageMentor®. HBR Learning’s online leadership training helps you hone your skills with courses like Finance Essentials. Earn badges to share on LinkedIn and your resume. Access more than 40 courses trusted by Fortune 500 companies.
Strengthen your fluency in financial statements.