Factors Influencing the Effectiveness of an Audit Committee. A Study on Audit Committees in Malaysia

      Аннотация: Over the years, there have been a number of financial scadals which resulted in the fall of big corporations such as Worldcom and Enron. These scandals were due to creative accounting and poor audit exercise, which were all attributed by the ineffectiveness of audit committees. The collapse of big corporations led to a loss of Investors' confidence in financial reporting. This resulted in the introduction of new regulations by regulatory bodies in order to boost Investors' confidence. Therefore,this book looks at the factors influencing the effectiveness of audit committees in performing their roles.

Ключевые слова: Audit Committee, Independency, audit committee size, frequency of meetings, financial knowledge and expertise