Audit Committee

For the audit committee to assess how well it oversees financial reporting and internal control.

This module can be used together with Risk Governance if the audit committee covers risk oversight.

What the audit committee has to get right

• Securing quality reporting
• Tackling the crucial technical issues
• Disclosing what we have to
• Securing sound assurance over controls
• Keeping the external auditors on their toes
• Building the evidence
• Complying

Working together

• Understanding what we’re here for  
• Setting the tone
• Having the right people and personalities
• Behaving well
• Making the meetings work well
• Working with management
• Seeking information
• Communicating