audit_committee_role

Audit committee

Role

Audit committee role

 
The Audit Committee consults the Board on accounting, audit and internal control matters. In particular, its tasks include:
 
  • monitoring the financial reporting process
  • monitoring the effectiveness of the Company’s internal control and risk management systems
  • monitoring the internal audit and its effectiveness
  • monitoring the external audit of annual and consolidated accounts, including any follow-up on the external auditor’s potential questions and recommendations, and
  • verifying and monitoring the external auditor’s independence, particularly when the auditor provides additional services to the Company.