As an accounting graduate, your students ask about the benefits of a company having an audit committee
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Question:
As an accounting graduate, your students ask about the benefits of a company having an audit committee and the ways in which this committee contributes to better company governance.
In your answer discuss the duties of this committee taking into account:
Their specific duties relating to the contents of the annual financial statements.
The duties in terms of s94(7) of the Companies Act.
Related Book For
Auditing Cases An Interactive Learning Approach
ISBN: 978-0132423502
4th Edition
Authors: Steven M Glover, Douglas F Prawitt
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