Financial Statements For the year ended
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| Meetings attended Chairs: Brendan Sheehan, FCCA 3/3 Other members: Susan Allan, FCCA (to 18/11/21) 2/2 Carol-Ann Boothe, FCCA AICPA CGMA CGFM Michelle Hourican, FCCA MSc CIPPe (from 18/11/21) 1/1 Babajide Ibironke, FCCA (from Paula Kensington, FCCA GIA 3/3 Arthur Lee, FCCA HKICPA ACMA CPA (to Lock Peng Kuan, FCCA 3/3 Oxana Losevskaya, FCCA (from 18/11/21) 1/1 Siobhan Pandya, FCCA (to Marta Rejman, FCCA MEcon MBA (from Alice Yip, FCCA HKICPA CIA (to The Audit Committee met three times during the year. Appointments to the Committee are made by the Nominating and Governance Committee and are fora one-year term. The Chair of the Committee may serve fora maximum of three years. Meetings are scheduled to ensure that matters in Council’s annual work plan which relate to Audit Committee responsibilities are considered on a timely basis. Both the external auditor and the Head of Internal Audit have direct access to the Chair and are entitled to attend Committee meetings. Association of Chartered Certified Accountants Report from the Audit Committee for the year ended 31 March 2022 In making appointments to the Audit Committee, Nominating and Governance Committee considers the following specific skills criteria experience in the operations of a large and complex organisation extensive knowledge and experience of ACCA’s strategies and activities knowledge and experience of risk management and internal control processes suitably inquisitive nature to ensure that matters before the Committee are subject to appropriate and robust scrutiny recent experience/knowledge of current financial reporting/auditing standards awareness of good corporate governance practices experience of working with an Audit Committee. Significant issues related to the financial statements The Committee considered the following matters, which it considers to be significant, in its review of the financial statements. In arriving at its view of these matters, the Committee made appropriate challenges of management to receive the required assurances. • Download 0.68 Mb. Share with your friends:
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