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corporate governance

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AA Exams › corporate governance

  • This topic has 1 reply, 2 voices, and was last updated 6 years ago by Kim Smith.
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  • February 3, 2019 at 11:44 am #504019
    vavneetb
    Participant
    • Topics: 175
    • Replies: 123
    • ☆☆☆

    Why it is not acceptable for the chairman to chair the audit committee?

    February 3, 2019 at 1:00 pm #504024
    Kim Smith
    Keymaster
    • Topics: 135
    • Replies: 8350
    • ☆☆☆☆☆

    The board has an executive role, the audit committee’s role is one of oversight (which requires independence from the day-to-day). The chairman of the board can be a member of the audit committee – but not it’s chair. (Roles would conflict.)

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