Audit Committee Quarterly Reporting

What you'll walk away with

• Board- or audit-committee-ready Technology & Risk report every quarter
• Consistent quarter-over-quarter framing that tracks progress, not just snapshots
• Senior voice delivering the report (not the MSP account manager)
• Audit trail of IT/risk posture aligned to pharma/biotech regulatory expectations

The problem this solves

Boards and audit committees increasingly expect quarterly technology and cybersecurity reporting — especially post-IPO or after an audit finding. The problem is the gap between who the board needs in that room and who most small companies can put there. An in-house IT manager handles day-to-day operations well, but an audit committee conversation requires a different register: regulatory fluency, board-level framing, and credibility that comes from having done this before. The MSP account manager doesn't have it. This engagement fills that gap without requiring a full fractional retainer.

What the engagement looks like

Per-quarter, renewable. Each quarter runs six weeks from intake to presentation.

Weeks 1–2: I run a 60-to-90-minute session with the in-house IT lead, CFO, and committee chair. We pull current IT and security posture data — open risks, vendor changes, incidents, regulatory events. For renewals, I review what carried from the prior quarter's risk register.

Weeks 3–4: I build the Technology and Risk Outlook deck, structured for a board audience — risk-framed, not operationally dense. The rolling risk register is updated: items closed, new ones added, carry-forwards annotated. Then a Q&A prep session with the CFO and committee chair to walk through likely board questions and address any known sensitivities before the meeting.

Weeks 5–6: I present to the audit committee, virtual or on-site (travel covered by client). Questions raised during the meeting are captured and folded into next quarter's risk register.

Who it's most useful for

• Companies with an in-house IT manager but no Director-or-higher IT voice available for board-level reporting
• Post-IPO companies in their first year of formal quarterly board reporting, where expectations are new and the process isn't established
• Boards that have explicitly asked for quarterly technology and cybersecurity reporting and need someone to actually deliver it
• Boards concerned about GxP, 21 CFR Part 11, HIPAA, or SOX who are currently receiving MSP-generated reports that don't speak their language

What you'll walk away with

Each quarter, the board gets a Technology and Risk report that reads like a senior IT leader wrote it — because one did. The rolling risk register makes quarter-over-quarter comparison real: what closed, what's still open, what's new. The in-house IT lead stays on operations rather than preparing for a board meeting they're not positioned to run. The committee chair walks in with a Q&A prep document and no surprises.

Common questions

Why not just use our MSP's report?

The MSP report is written for an operational audience — tickets closed, uptime, support volume. An audit committee wants technology risk framed against regulatory obligations and business direction, not a help-desk summary. Different document, different audience.

Does our IT manager attend the meeting?

Your call. The common setup: IT manager joins for technical Q&A, I carry the presentation. That keeps the in-house lead from being thrown cold into a board room they're not yet positioned to run.

Is this recurring or one-time?

Per-quarter and renewable. Each quarter builds on the prior risk register. Many clients renew until they're ready for a full fractional retainer — at which point the quarterly reporting process is already established and just moves inside the retainer.

Most effective alongside ongoing leadership

Quarterly board reporting is a natural entry point. When it's working well, the next question is usually: who owns the other nine months of IT leadership? The Advisory retainer is built for exactly that — board reports sit inside broader ongoing strategy, vendor oversight, and roadmap work. Moving from this engagement to the Advisory retainer often comes out to a similar total cost, but with substantially more coverage.

Deliverables

• Quarterly Technology & Risk Outlook deck (PDF + editable source)
• Pre-meeting Q&A prep document for committee chairs
• Rolling risk register carried quarter over quarter