What are the process during a committee meeting?
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- What rule/procedure must be observed so that formal meetings like that of the Board of Directors or in a General Assembly may be concluded in an orderly and productive manner?While listing the functional Committees of the Board and explaining their significance, explain the role and functions of audit Committee.Describe the necessity, purpose and potential makeup of a board of directors.
- how we share our findings and concerns with the board of directors in internal control system?What are the responsibilities of the Board of Directors for the financial statements? Or What are the responsibilities of the Management for the financial statements?what are the responsibility of Board members with regards to internal controls?