Internal Audit

cost of audit committees

Audit Committees in the Private Sector: Essential or Excessive?

It is often said that being on an audit committee is a part-time job with full-time responsibilities. It’s no wonder when you consider the broad and critical role that the audit committee plays. In essence, every audit committee’s role is to stand objectively in the gap between management, the external auditors and the people who provide the capital to make it all happen, ensuring that those capital providers receive complete, accurate and timely financial information that has been subjected to...

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