1. A small audit committee was elected and the appointments of Vial as Professor and Huntingford as secretary were formally confirmed. 2. Almost as many thought that an independent audit committee should be legally required. 3. Mr Marinkovich assumes his seat on the Board effective immediately, and will serve as chairman of the audit committee. 4. The audit committee should be formally established as a sub-committee accountable to the board, and the board should appoint its members. 5. In large organizations it has become common practice for audit committees, consisting of representatives of senior management, the internal audit department and external auditors, to meet. 6. The system should be medically led, with a local medical audit advisory committee chaired by a senior clinician. 7. The consensus in the markets is that the newly-formed audit committee, made up of board members, is examining more than last years figures. 8. And a spokeswoman said it was not passed on to the audit committee. 9. Assemblyman Scott Wildman, chairman of a joint legislative audit committee investigating Belmont, said he believes the documents show a deliberate attempt to hide environmental problems. 10. Audit committees oversee corporate accounting practices and compensation committees rule on issues of executive pay. |
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