Examples of Audit Committee in a sentence
Carrying out any other function as is mentioned in the terms of reference of the Audit Committee.
A member of the Audit Committee, who is also a member of the GDST Council, is nominated by Council as ‘Safeguarding Lead’ to take leadership responsibility for safeguarding at organisational level, delegating where appropriate to members of the Senior Management Team.
This will not include large Shareholders (Shareholders holding 2% or more shareholding), Promoters, Institutional Investors, Directors, Key Managerial Personnel, the Chairpersons of the Audit Committee, Nomination and Remuneration Committee and Stakeholders Relationship Committee, Auditors etc.
These risks are regularly reported to CLT and the Joint Governance and Audit Committee.
A Committee Chair may also request an Executive lead to attend the Audit Committee to discuss significant risks or matters or issue arising from internal audit reports in greater detail.