Examples of Audit Board in a sentence
As from 2008 when it adopted IFRS rules, and when CVM Instruction 480 of December 7, 2009 instituted the Reference Form, this identification of risks and management procedures began to be used manually in the Reference Form itself, which is reviewed by the Executive Board and submitted for consideration by the Board of Directors and the Audit Board.
For the members of the Audit Board and the officers of the General Meeting, the law lays down that the remuneration shall consist of a fixed sum, which shall be determined in the same way by the general meeting of shareholders or by a committee appointed by the same, taking into account the duties performed and the state of the company’s affairs.
JT has been endeavoring to ensure appropriate business operations through efforts to enhance compliance, internal audits and risk management, and implementing measures to ensure the effectiveness of audits, such as improving arrangements and procedures for reporting the necessary matters to Auditors, as is required of a company adopting the Audit Board System.
The chief officers take part in the meetings of the Board of Directors and are questioned by them about the results.The Chief Finance and Investor Relations Officer takes part in the meetings of the Audit Board answering their questions and following up with the suggestions and recommendations received.
Such complaints may be communicated to the Audit Committee after being reviewed by the Audit Board of Eczacıbaşı Group.
X No.□ Yes - If yes, describe: 12.6. For each of the people who acted as a member of the Board of Directors or the Audit Board in the last business year, state, in the form of a table, the percentage of participation in the meetings held by each body in the period, subsequent to being sworn into the position.
If the student fails to meet the requirements, parents will be liable for the rental costs until the student successfully completes one academic semester.
The powers of the Audit Board are described in section III.b) of this report.
The procedure includes the submission of a proposal, by the Board of Directors to the Audit Board, to use the external auditor for the services in question, accompanied by information justifying this.
The financial investments and transactions in sales of future USD contracts on the BM&F are approved by the CEO of the Company.A report of financial investments by type of instrument, of FX exposure and of contracts on the BM&F is submitted quarterly to the Board of Directors and the Audit Board.