Corporate Governance ensures that long-term strategic objectives and plans are established and that the proper management structure (organization, systems, and people) is in place to achieve those objectives, while at the same time making sure that the structure functions to maintain the corporation’s integrity, reputation, and responsibility to its various constituencies. Audit committees have a big job to do in an organization, tough when the members have other responsibilities and the audit committee role is a part-time job with huge accountability.

Audit Committee, Organisation, Corporate Governanc, Audit Committee Charter