100 Examples of sentences containing the noun "audit committee"

Definition

An "Audit Committee" is a subcommittee of the board of directors responsible for overseeing financial reporting, compliance with regulations, and the performance of internal and external auditors. Its main objective is to ensure the integrity of financial statements and to safeguard the organization's assets.

Synonyms

• Financial Oversight Committee
• Compliance Committee
• Audit Board

Antonyms

• Non-compliance Committee
• Mismanagement Board
• Oversight Neglect Committee

Examples

1. The Audit Committee will meet next week to review the financial statements.
2. It is essential for the Audit Committee to have independent members to ensure objectivity.
3. The Audit Committee has recommended an external audit for the upcoming fiscal year.
4. Members of the Audit Committee attended a training session on new financial regulations.
5. The effectiveness of the Audit Committee can significantly impact investor confidence.
6. The company's Audit Committee reported its findings during the annual general meeting.
7. The Audit Committee is responsible for monitoring compliance with legal and regulatory requirements.
8. The Audit Committee found discrepancies in the financial reports that needed clarification.
9. To enhance transparency, the Audit Committee published its guidelines for financial audits.
10. The internal auditor presented findings to the Audit Committee for their review.
11. The Audit Committee will evaluate the risk management practices of the organization.
12. After the investigation, the Audit Committee recommended several procedural changes.
13. The Audit Committee plays a crucial role in preventing financial fraud within the company.
14. The newly formed Audit Committee consists of several experienced financial professionals.
15. The Audit Committee has a duty to report any unethical practices to the board.
16. The Audit Committee is meeting quarterly to ensure ongoing financial oversight.
17. An effective Audit Committee helps maintain the credibility of financial disclosures.
18. The Audit Committee requested additional documentation to support the financial claims.
19. The members of the Audit Committee are expected to remain impartial and unbiased.
20. The annual review by the Audit Committee is a key part of the corporate governance process.
21. The Audit Committee has the authority to call for special audits when necessary.
22. The findings of the Audit Committee will be published in the upcoming annual report.
23. The Audit Committee collaborates closely with the risk management team.
24. The Audit Committee discussed the implications of the new tax laws on financial reporting.
25. The Audit Committee has emphasized the importance of ethical behavior in financial practices.
26. The Audit Committee approved the budget for the upcoming audit cycle.
27. The Audit Committee is tasked with selecting the external auditor for the next term.
28. Feedback from the Audit Committee is vital for continuous improvement in financial practices.
29. The Audit Committee has established a whistleblower policy to address fraud concerns.
30. The Audit Committee met with the legal team to discuss compliance issues.
31. The Audit Committee's recommendations were instrumental in improving corporate governance.
32. The CEO presented the financial performance overview to the Audit Committee.
33. The Audit Committee will ensure that all financial information is accurate and reliable.
34. The Audit Committee serves as a bridge between management and the board of directors.
35. The Audit Committee is expected to adhere to strict ethical guidelines.
36. The Audit Committee discussed the audit findings with the executive team.
37. The Audit Committee is reviewing the effectiveness of the organization's internal controls.
38. The Audit Committee plays a pivotal role in risk assessment and management.
39. The Audit Committee provided insights on improving financial reporting processes.
40. The Audit Committee's chairperson outlined the agenda for the next meeting.
41. The Audit Committee has been proactive in addressing potential risks.
42. The Audit Committee finalized the audit plan for the upcoming year.
43. The Audit Committee is composed of individuals with diverse financial backgrounds.
44. The Audit Committee ensures that financial statements comply with applicable laws.
45. The Audit Committee has a mandate to conduct thorough investigations into any irregularities.
46. The Audit Committee will assess the effectiveness of the internal audit function.
47. The Audit Committee plays a critical role in maintaining shareholder trust.
48. The Audit Committee's role has evolved with changing regulatory requirements.
49. The Audit Committee will review the auditor's performance at their next meeting.
50. The Audit Committee stressed the need for ongoing training for its members.
51. The Audit Committee is responsible for reviewing related-party transactions.
52. The Audit Committee called for an independent review of the financial practices.
53. The Audit Committee met with the finance team to discuss budgetary concerns.
54. The Audit Committee is committed to transparency in financial reporting.
55. The Audit Committee must ensure that all employees are aware of compliance policies.
56. The Audit Committee reported its findings to the board of directors.
57. The Audit Committee identified areas for improvement in the internal audit process.
58. The Audit Committee is reviewing the impact of the recent merger on financial reporting.
59. The Audit Committee will issue a statement following the completion of the audit.
60. The Audit Committee's independence is crucial for objective assessments.
61. The Audit Committee has outlined its goals for the upcoming fiscal year.
62. The Audit Committee is an essential component of good corporate governance.
63. The Audit Committee will assess the adequacy of the organization's financial resources.
64. The Audit Committee supported the decision to implement new software for financial management.
65. The Audit Committee is evaluating the effectiveness of current risk management strategies.
66. The Audit Committee has scheduled a follow-up meeting to discuss unresolved issues.
67. The Audit Committee emphasized the need for robust internal controls.
68. The Audit Committee will review the results of the recent employee survey.
69. The Audit Committee's findings were communicated to all stakeholders.
70. The Audit Committee has recommended changes to improve efficiency in financial operations.
71. The Audit Committee will provide guidance on ethical financial practices.
72. The Audit Committee is assessing the adequacy of the organization's insurance coverage.
73. The Audit Committee plans to conduct a workshop on risk assessment for staff.
74. The Audit Committee must remain vigilant against fraud and mismanagement.
75. The Audit Committee is tasked with monitoring compliance with environmental regulations.
76. The Audit Committee will review the financial implications of the new project.
77. The Audit Committee is committed to continuous improvement in financial reporting.
78. The Audit Committee serves as a critical oversight mechanism for the organization.
79. The Audit Committee is expected to foster a culture of accountability.
80. The Audit Committee will provide support for the internal audit function.
81. The Audit Committee is reviewing the company's investment strategies.
82. The Audit Committee must ensure that financial disclosures are timely and accurate.
83. The Audit Committee provided recommendations for enhancing data security.
84. The Audit Committee will assess the impact of new accounting standards.
85. The Audit Committee is focused on improving communication between departments.
86. The Audit Committee will issue a report summarizing its findings and recommendations.
87. The Audit Committee has a vital role in safeguarding company assets.
88. The Audit Committee is working on developing best practices for financial management.
89. The Audit Committee reviewed the strategic plan for the upcoming year.
90. The Audit Committee will discuss the implications of financial audits with the board.
91. The Audit Committee is responsible for evaluating the effectiveness of audit processes.
92. The Audit Committee emphasized the importance of ethical conduct in operations.
93. The Audit Committee will provide oversight for the financial management team.
94. The Audit Committee has been proactive in addressing compliance challenges.
95. The Audit Committee will collaborate with external auditors to ensure thorough evaluations.
96. The Audit Committee is committed to transparency in its operations.
97. The Audit Committee has implemented a new framework for risk assessment.
98. The Audit Committee will assess the organization's response to regulatory changes.
99. The Audit Committee is dedicated to upholding the highest standards of integrity.
100. The Audit Committee will evaluate the effectiveness of the current financial policies.