Question D

B U - abe X2 X2 A . A Normal No Spacing Heading 1 Heading Paste Pane Activate X Activate Office to Create and Edit Buy Office or sign in to activate Office If you've already bought It. A key element of corporate governance is the audit committee. The audit committee is a subcommittee of the board of directors and it is made of representatives from the board and also persons who are not employed to the organization Required (a) Explain why the chairman of Jampro should be interested in the organization having a good corporate governance framework. (b) It is stated that an audit committee can improve the effectives of the external auditors work. Explain how this can be achieved. (c) Explain how the 'independence of the members of the audit committee can be achieved'. (d) Discuss the view that the role of the audit committee should not be left to voluntary codes of practice but should be regulated by statue