The terms of reference for the audit committee of a premium listed company for financial years beginning on or after 1 January 2019 are as follows: The audit committee must be composed of at least three members, all of whom are independent non-executive directors.The audit committee must have at least one member with recent and relevant financial experience.The audit committee must meet at least twice a year, and must have access to the company’s auditor.The audit committee must review the company’s financial statements, and must discuss these with the auditor.The audit committee must review the auditor’s report, and must discuss this with the auditor.The audit committee must review the company’s risk management procedures, and must discuss these with the management.The audit committee must review the company’s internal control systems, and must discuss these with the management.
The audit committee terms of reference covers the committee's purpose, responsibilities, and composition. The committee's purpose is to oversee the financial reporting process and the audit of the financial statements. The responsibilities of the committee include selecting the independent auditor, reviewing the independent auditor's report, and monitoring the auditor's independence. The composition of the committee should be determined by the board of directors.
Find legal help for
Audit committee terms
. If we don't have a template for you to use yet, we will refer you to legal help instead.
Note: Although we list lawyers who may be able to help, this does not indicate that the listed law firms have an affiliation or partnership with Genie AI.
Use this agreement when bringing an advisor on board to formalize variables such as job role and responsibilities, duration of contract and compensation. The agreement also sets forth certain key terms such as confidentiality and intellectual property.
This template is to be used the next time your company needs to set out terms with an individual (i.e. not to be used for agreements involving a personal service company as defined within IR35). It sets out the terms on which a contractor provides services to a client company, and is perfect for freelance software developers, marketing consultants, designers, PR/HR/recruitment consultants.
This IP Agreement is designed for an individual to assign IP to a company e.g. a founder is starting a company and needs to vest the IP into that company
Do you need a lawyer?
We have 150+ legal templates for businesses like yours to use for FREE
find out moreBusiness categories
Business activities
Contract types
