To provide independent oversight over financial reporting, internal controls, audit processes, risk management, and compliance, strengthening transparency and accountability.
Key Responsibilities
Oversee internal and external audit functions.
Review audited financial statements and audit management letters.
Monitor internal controls, risk management, and compliance frameworks.
Recommend appointment and remuneration of external auditors.
Review fraud risks, whistleblowing mechanisms, and ethics frameworks.
Assess effectiveness and independence of internal and external auditors.
Undertake any audit-related responsibilities delegated by the Board.