audit committee
A committee appointed by the board of an organization, esp. a corporation, to oversee the financial reporting process, select an independent auditor, and receive the audit.
? Ideally, a committee member is financially literate and wholly independent, having no financial interest (direct or indirect) in the company, no executive position, and no familial relationship with any member of the company’s management or a major shareholder.
What is the preferred translation of the term audit committee by Chinese lawyers?
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