Audit Committees Empowered to Strengthen Corporate Governance and Accountability
The article talks about how audit committees can work better by focusing not only on external audits but also on internal audits. By strengthening the bond between audit committees and internal auditors, companies can improve their overall management and control. Factors like skill, company culture, and a positive attitude can impact this relationship. Internal auditors play a crucial role in shaping the functions of the audit committee to ensure better corporate governance.