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.
the results of it with the president to the next Congress.
100th Amendment: 감사원의 조직·직무범위·감사위원의 자격·감사대상공무원의 범위 기타 필요한 사항은 법률로 정한다.
The articles in need for BAI's duty performance in organization, the range of duty, the rights of the committee members, the range of the audit targets and etc. fixed by the law.