Week 6 - General Knowledge Flashcards
(3 cards)
1
Q
Who should have an internal audit?
A
If a company is a PLC or is listed in the stock market - requirement of corporate governance code
2
Q
Who is the audit committee made up of?
A
Subset of board of directors - made up of non-executive directors only
3
Q
Who appoints the internal audit auditors?
A
The audit committee