Express opinion with backing up with sound examples

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Audit Committee is said to play an essential role in a company's corporate governance. It is seen, amongst other things, as being "a crucial component of effective corporate governance, serving to strengthen auditor's independence and providing an independent forum where issues relating to the audit can be referred on a timely basis".

Enron, Worldcom and HIH all had impressive audit committees, yet these companies failed.

Question 1: Express your opinion with backing up with sound examples where well maintained audit committees and the maintenance strategies have worked in harmony with the corporate governance framework so chosen by the firm itself?

Reference no: EM132544952

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