Audit Committee
Objectives
The objectives of the Audit Committee are as follows:
- To assist in discharging the Board of Directors' responsibilities as they relate to the Group's management including risk management, internal control, financial reporting and compliance with statutory and legal requirements;
- To provide, by way of regular meetings, a direct line of communication between the Board of Directors, senior management and external and internal auditors;
- To oversee and review the quality of the audits conducted by the external and internal auditors; and
- To enhance the perceptions held by interested parties, such as shareholders, regulators, creditors and employees, of the credibility and objectivity of the financial reports.