This paper investigates the effect of adoption of audit committee on the information usefulness and value-relevance of accounting earnings. It analyzes discretionary accruals, earnings-return multiples and earnings-price multiples to see if there ar
audit committees are associated with management earning forecast which was a proxy for voluntary financial disclosure practices. The characteristics of audit committee here are proxies as control mechanism about voluntary disclosure. We used forecas
Since the Blue Ribbon Committee(BRC)’s 1999 report and the Sarbanes-Oxley Act (SOX) of 2002, the role of the audit committee has been more crucial to regulator, accounting profession, and business world. This study examines how the quality of
Committee of the Party(당중앙위원회) and Central Auditing Committee of the Party(당중앙검사위원회)
②to adopt and supplement the code and rule of party
③determine the basic problems respecting the party line, policy and strategy
④election Central Committee of the Party and Central Auditing Committee of the Party etc. they have enormous authority
․ North Ko
owner can present objections to the election of directors seems highly unlikely.
Is not mandatory.
If directors are classified based.
If you install an auditcommittee is mandatory.
Total Number of Directors 1 / 4 or more.
Total assets of 2 trillion won or more 3 or more publicly traded companies.
∙ GASC (The German Accounting Standards Committee)
- Task : Oversee GASB.
⇒ GASC is duly recognized by the Ministry of Justice as the
German standard-setting authority.
∙ GASB (The German Accounting Standards Board)
- Task : Technical work or Issue the accounting standard.
⇒ GASB is made up of 7 independent experts with a background
in auditing, financial analysis,