In Pakistan, the characteristics of audit committees impact how companies take risks. The study looked at data from non-financial firms on the Pakistan Stock Exchange between 2010 and 2018. Audit committees with specific traits were linked to lower idiosyncratic risk, meaning risks specific to a company, while a diverse gender makeup was tied to lesser capital expenditure. However, the size and independence of audit committees and gender diversity did not show a significant connection with total risk. This suggests that certain qualities in an audit committee can help reduce company-specific risks and manage corporate risk overall, aiding in making better governance decisions that enhance efficiency and lower risks for organizations.