Prepare your report for the Board, covering thefollowing matters:a) Discuss the directors’ concerns about...Prepare...

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Accounting

Prepare your report for the Board, covering thefollowing matters:
a) Discuss the directors’ concerns about the amount of resourcesbeing allocated to the monitoring process.
b) Outline the objectives of an audit committee.
c) Recommend terms of reference for the committee.
d) Identify who should constitute the committee.
e) Discuss the interaction between the audit committee and both theinternal and external audit functions.

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a Discuss the directors concerns about the amount of resources being allocated to the monitoring process Monitoring the amount of resources being allocated to the monitoring process Reviewing with the management the statement of uses application of funds raised through an issue public issue right issue preferential issue etc the statement of funds utilized for purposes other than those stated in the offer documentDraft Prospectus Prospectus notice and the report submitted by the monitoring agency monitoring the utilization of proceeds of a public or rights issue and making appropriate recommendations to the Board to take up steps in this matter b See Answer

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In: AccountingPrepare your report for the Board, covering thefollowing matters:a) Discuss the directors’ concerns about...Prepare your report for the Board, covering thefollowing matters:a) Discuss the directors’ concerns about the amount of resourcesbeing allocated to the monitoring process.b) Outline the objectives of an audit committee.c) Recommend terms of reference for the committee.d) Identify who should constitute the committee.e) Discuss the interaction between the audit committee and both theinternal and external audit functions.