Corporate Governance
Audit Committee
Definition
What is Audit Committee?
A board committee that oversees financial reporting, internal controls, external audit, and related risks.
Example in practice
How This Looks in Practice
The audit committee reviews significant accounting judgements before results are published.
Keep learning
Related Terms
Corporate Governance
Proxy Vote
A vote cast by another person or electronically on behalf of a shareholder.
Corporate GovernanceAnnual General Meeting
A yearly shareholder meeting at which financial reports, directors, auditors, and other matters are considered.
Corporate GovernanceExtraordinary General Meeting
A shareholder meeting called outside the normal annual meeting to consider urgent or special matters.
ETF MechanicsCreation Unit
A large block of ETF shares exchanged between the fund and authorised participants.