BEC corporate governance review 2

An audit committee is an _________________________________________________________

The ______________________ specifies that an
audit committee not management is responsible for appointment and oversight of
any audit work performed by the organization internal and external auditors.

 

The Sarbanes –Oxley Act specifies that an audit
committee not management is responsible for __________________________________________________________________________

SOX stands for?

What are the responsibilities of the Audit
Committee?1._________________________________________
2.Monitoring the choice of accounting policies and principles
3.Monitoring the internal control process
4.Appointment, compensation, and oversight of the external auditors
5.Receipt of communications and audit reports directly from the external auditors.

What are the responsibilities of the Audit
Committee?
1.Overseeing the financial reporting process
2._____________________________________________________
3.Monitoring the internal control process
4.Appointment, compensation, and oversight of the external auditors
5.Receipt of communications and audit reports directly from the external auditors.

What are the responsibilities of the Audit
Committee?
1.Overseeing the financial reporting process
2.Monitoring the choice of accounting policies and principles
3.__________________________________________________
4.Appointment, compensation, and oversight of the
external auditors
5.Receipt of communications and audit reports directly from the external auditors.

What are the responsibilities of the Audit
Committee?
1.Overseeing the financial reporting process
2.Monitoring the choice of accounting policies and principles
3.Monitoring the internal control process
4.___________________________________________________________
5.Receipt of communications and audit reports directly from the external auditors.

What are the responsibilities of the Audit
Committee?
1.Overseeing the financial reporting process
2.Monitoring the choice of accounting policies and principles
3.Monitoring the internal control process
4.Appointment, compensation, and oversight of the external auditors
5.________________________________________________________.

What are the responsibilities of the Audit
Committee?



1.______________________________
2._______________________________
3._________________________________
4.__________________________________
5._________________________________________________________________________________________________________________