An audit committee must be comprised of "outside" members that sit on the board of directors, must be "financially literate" and have at least one "financial expert". With this in mind, find a publicly traded company and review their audit committee. Pick whatever company you wish! Please report as follows:

The company you selected (along with company URL) Names of individuals on the audit committee ?

Which member of the audit committee would you consider to be the "financial expert," why? 

Do you think the audit committee is "financially literate" - why or why not? 

Is the audit committee comprised solely of "outside" members? 

Why do you think this is important? 

Answer rating: 100% (QA)

I Here I have taken the example of Reliance foundation from India wwwrilcom Nam... View the full answer