Audit Committees 3e : A guide to good practice

Intro -- Title Page -- Imprint -- Introduction -- Who should use this guide? -- Purpose of this guide -- Recent developments regarding audit committees -- Chapter One: The board and board committees -- Chapter Two: Role of the audit committee -- Chapter Three: Regulatory context -- Corporations Act 2001 -- ASX Listing Rules and Corporate Governance Guidelines -- AASB Accounting Standards -- AUASB Auditing Standards -- International Professional Practices Framework -- Accounting Professional and Ethical Standards Board -- Australian Securities and Investments Commission -- Australian Prudential Regulatory Authority -- Standards Australia -- Chapter Four: Responsibilities of the audit committee -- Financial reporting -- Annual financial report -- Other external reporting -- External audit -- Internal audit -- Risk management and internal control -- Compliance and ethics -- Fraud -- Chapter Five: Relationships -- Board -- Role -- Responsibilities -- External auditor -- Role -- Responsibilities -- Promoting effective two-way communication -- Establishing whether the preconditions for an audit are present -- Agreeing to the terms of the audit engagement -- Establishing and maintaining independence -- Discussing elements of audit planning -- Discussing significant related party relationships and transactions -- Enquiring about fraud -- Communicating significant findings from the audit -- Responding to questions -- Internal Auditor -- Role -- Responsibilities -- Discussing elements of internal audit planning -- Communicating on independence -- Communicating matters arising from an internal audit -- Responding to requests -- Engaging with the audit committee on matters associated with risk management, internal control and other matters -- Chapter Six: Developing an effective charter -- Chapter Seven: Membership -- Audit committee composition.