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I assume you mean the audit committee etc: yes ,these need to be known as they are part an important part of corporate governance.
Can I use ‘Inspect’ and ‘Review’ interchangeably when describing procedures?
Not always.
For example, you would inspect non-current assets for existence but you would not review them for existence.
You could review the board minutes for intentions to close part of the business but you would not really inspect them for that, though you would get away with ‘inspect’ in that case.
Review is a form of inspection, but implies going through a file or book or list etc.
As I have asked before, please start unrelated queeies in a new thread.
Is there a difference between the rights and the responsibilities of an auditor?
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