323,947 views
38 votes
38 votes
Explain the role audit committee plays in the company​

User ComputerLocus
by
2.9k points

1 Answer

20 votes
20 votes

Answer:

The primary purpose of a company's audit committee is to provide oversight of the financial reporting process, the audit process, the company's system of internal controls and compliance with laws and regulations. ... As such, CPAs report directly to the audit committee, not management.

Hope this helps.☝

User Pieter Hintjens
by
2.4k points