Audit Committee Requirements

October 13th, 2006 | tags: Board Services, BOD, board, boardofdirectors, charter

Does your audit committee have a charter? If so does it address these responsibilities?

  • How financial statements are prepared and presented?
  • Which accounting firm will audit financials?
  • What system of internal controls will be used?
  • Who will monitor compliance with laws and regulations?
  • Who will be responsible for SEC compliance?

[via Theodore F. di Stefano]

One Response to “Audit Committee Requirements”

  1. Theodore F. di Stefano Says:

    I noticed that your site picked up one of my articles. Can you give me more information about your company? I do a lot with corporate governance and would be interested in learning more. Thanks, Ted di Stefano

Leave a Reply