Shareprice

Audit and Risk Committee

Committee membership
Ian Bull (Chair)
Kelly Devine
William Reeve
Peter Ruis
Vijay Talwar
Arja Taaveniku

AUDIT AND RISK COMMITTEE DUTIES

The principal duties of the Audit and Risk Committee are to:

  • Oversee the integrity of the Group’s financial statements and public announcements relating to financial performance.
  • Hold the relationship with the external auditor, agree the audit fee and oversee the external audit process.
  • Establish formal and transparent arrangements for considering how the Group should apply the corporate reporting, risk management and internal control principles.
  • Oversee the internal audit process.
  • Monitor the effectiveness of financial controls and the process for identifying and managing risk throughout the Group.
  • Monitor the financial reporting process and submit recommendations.
  • Monitor the statutory audit of the Annual Report and financial statements.
  • Review and monitor the external auditor’s effectiveness, independence, quality, and the provision of additional services.
  • Hold sessions with external auditor and internal auditor without management present.