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An audit committee should be respectfully questioning, challenging and sceptical about information provided by the company's management. In terms of corporate. Ideally, internal audit should report functionally to the board or audit committee and administratively to management. The IIA believes strong management andThis section provides an overview of an audit committee's responsibilities in overseeing financial reporting and related internal controls, risk, and ethics and Audit committees have, in many ways, run the gauntlet – through corporate accounting scandals at the start of the millennium and the expanding responsibilities,
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