Frequency Scheduled meetings At least Quarterly When Quarter Quarter Quarter Quarter annually 1 2 3 4 Discuss 3 appropriateness of accounting policies, estimates and judgements Discuss external 3 auditors views on control environment Discuss 3 issues with auditor in absence of executives and management Ongoing 3 communication (written/oral) of external auditor with audit committee Internal auditors Where no 3 internal audit function, consider the need for an internal audit function Recommend 3 appointment and review performance Review internal 3 audit plan Review 3 significant internal audit reports and findings Review 3 progress on actions taken in response to the committee’s representations
Frequency Scheduled meetings At least annually Quarterly When Quarter 1 Quarter 2 Quarter 3 Quarter 4 Discuss appropriateness of accounting policies, estimates and judgements 3 Discuss external auditors views on control environment 3 Discuss issues with auditor in absence of executives and management 3 Ongoing communication (written/oral) of external auditor with audit committee 3 Internal auditors Where no internal audit function, consider the need for an internal audit function 3 Recommend appointment and review performance 3 Review internal audit plan 3 Review significant internal audit reports and findings 3 Review progress on actions taken in response to the committee’s representations 3
4-audit-committee-meeting-planner.docx