OC means âOriginal contentâ, meaning the author of the post created the content shown or linked in the post. OP means Original poster, the author of the post. PSA means Public service announcement SMH means âshake/shaking my headâ SO means âSignificant otherâ TIFU means âToday I f**ked upâ TIL means Today I learned
However, in diverse economies, expert opinions from an array of disciplines are. often required by auditors â in particular those involved in the audit of large. companies (for example, banks, insurance companies and mining and. exploration companies).
Therefore, in longer words, an audit committee can be described as a group of minimum 3 independent directors with no connection to the company management, which are an operating component of the board of directors, with responsibility for internal controls and financial reporting oversight.