THE CONCEPT AND THE APPEARANCE OF INTERNAL AUDIT COMMITTEES

  • Cristian Dragan Constanta Maritime University

Abstract

The Audit Committee is a concept of Corporate Governance, whose main concerns are focused on organizing and ensuring the proper functioning of internal control, internal audit and its relationship with external audit. Audit committees have emerged from the need to send recommendations to the general management or board, in order to understand them and provide needed assistance for their implementation. For these reasons, the boards of directors thoroughly oversee the qualifications of committee members, their autonomy towards managers, the information they receive from auditors and what they report.

Published
Mar 20, 2019
How to Cite
DRAGAN, Cristian. THE CONCEPT AND THE APPEARANCE OF INTERNAL AUDIT COMMITTEES. Constanta Maritime University Annals, [S.l.], v. 27, n. 223, mar. 2019. ISSN 2067-0427. Available at: <http://annals.cmu-edu.eu/index.php/cmuannals/article/view/41>. Date accessed: 22 oct. 2020.
Section
Section VI - Maritime Economics, Logistics and Social Sciences