audiitorkomitee
Audiitorkomitee, commonly known as an audit committee, is a sub‑committee of a board of directors that oversees the financial reporting and disclosure processes of an organization. The committee’s primary purpose is to provide independent oversight of accounting practices, internal controls and external audit functions.
The composition of a typical audit committee includes board members, with at least one member possessing financial
Core responsibilities of the audit committee encompass reviewing financial statements before approval, evaluating the adequacy of
Legislative frameworks, such as the Sarbanes‑Oxley Act in the United States or the UK Corporate Governance
Audit committees play a critical role in safeguarding shareholder interests, enhancing transparency, and promoting confidence in