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An audit committee is an effective mechanism to support corporate governance on its duties. Turley & Zaman argue that originally the audit committee structure was non mandatory and just was used by a small number of organizations. However, they said that recently this committee has become very popular and many countries have recommended adopting it becoming universal (Turley & Zaman, 2004, p. 306). They give some examples of legislation around the world that has helped to enhance the role of audit committees. The Sarbanes-Oxley Act of 2002 in the US, the report of the Australian Treasury (2002) and the recommendations of the Smith Committee (2003), the Higgs (2003) review in the UK (Turley and Zaman, 2003) and corporation act in Australia (2001) are some examples.
Audit committees play an important role to assess financial statements and to support decision-making process. Governments and different people like shareholder are interested to enhance the credibility of the financial reports. Audit committees have evolved to assess the independent role of auditing within the organization. However, the evolution of auditing and audit committees in recent year has been different events around the world like the collapse of Enron in US. It has changed the current responsibilities and functions of auditing and the perceptions of people about the role of audit committees. As a result, this essay has as objective to evaluate critically the role of audit committee in a company for it we chose the company BHP Billiton as an example.
Can you paraphrase the above paragraph by using professional language?
Assignment: Perform a baseline study for PBSC (palm beach state college) network (need to make assumptions). Create a list of all network devices (servers, routers, bridges, hubs, and so on... keep in mind that there are five campuses). What protocol..
Determine the smallest horizontal force P that will cause impending motion. The coefficient of static friction between A and B is µ's = 0.3 , between B and C, µ's = 0.4 and between block C and the ground, m's = 0.35
Let X = Z × (Z {0}). Define the relation on X by (x, y) (z, t) ↔ xt = yz for every (x, y), (z, t) ∈ X. Show that this is an equivalence relation on X.
Online flight booking system is a popular way for purchasing air tickets. It offers convenience of purchasing air tickets online as well as information on flights availability, prices comparison, seat selection and in-flight dining.
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For Summer, Inc, Gandevani's Smart Students at the end of 2014 developed the following forecasts of net income:
Active Directory folders (not shared folders) are unique objects in Active Directory.
Your boss came by and told you to add a digital signature to the document you just created for him. He seems to think you know what that is and how to do it in Office, and wants it done ASAP. But this is totally new to you
Write an application that simulates coin tossing. Let the program toss a coin each time the user chooses the "Toss Coin" menu option. Count the number of times each side of the coin appears.
Propose remedies the law provides for the violations. Write a summary of your findings. Prior summarizing, list your major findings from the discussion and this assignment in a bullet-point list. Collate all your findings in the summary keeping ..
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