Explain the following terms in relation to auditing : (ii) Audit committee

CS Executive · Company Accounts & Auditing Practices · PYQS · June 2019
Explain the following terms in relation to auditing : (ii) Audit committee

Answer & Explanation:

Audit Committee: A committee of the board of directors responsible for oversight of the financial reporting process, selection of the independent auditor and receipt of audit results.

Topics: Corporate Governance

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