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Case Study 2 Part 5

The document recommends restructuring the audit committee by requiring non-executive directors and changing its composition and functions to improve its performance. It also recommends conducting annual assessments of external auditors to evaluate their independence and professionalism and appointing new external auditors every 5 years to maintain independence.

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Kayle Yen Teng
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39 views2 pages

Case Study 2 Part 5

The document recommends restructuring the audit committee by requiring non-executive directors and changing its composition and functions to improve its performance. It also recommends conducting annual assessments of external auditors to evaluate their independence and professionalism and appointing new external auditors every 5 years to maintain independence.

Uploaded by

Kayle Yen Teng
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd

Recommendation

Restructuring the audit committee


The member of Audit Committee
must be non-executive director
Restructuring the composition,
function and change the member of
audit committee is needed in order
to make it function well.

Conduct annual assessment on


external auditor
Assessment on external audit is the
responsible of audit committee in
order to determine the independent
and professional level of auditor
Besides, appoint others external
auditor every 5 year for the purpose
of maintain independent of external
auditor

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