Examples of Audit Board in a sentence
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.
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.
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.
Any report of irregularities made through SPI is directed to the Audit Board, which will appoint a person in charge of SPI to manage the reports received.
Iqbal and Mirakhor (2007) emphasize, ‘an economist cannot solve all theoretical issues without understanding the principles of shariah or without working closely with a shariah scholar.
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 powers of the Audit Board are described in section III.b) of this report.