- Foreword and Introduction
- 1. Introduction
- 2. The Audit Committee’s functions and responsibilities
- 3. Membership of the Audit Committee
- 4. Relationships with key stakeholders
- 5. Conduct of the Audit Committee
- 6. Assessment of the Audit Committee’s performance
- Part 2
- Part 3
PDF of Checklists And Proforma [0.5MB]
5.6. Access to staff and information
The Audit Committee charter should provide the committee and individual members, where agreed by the Chair, with the authority to access entity staff and information held by the entity that is relevant to the committee’s responsibilities. In exercising this authority, the committee and individual members should at all times be alert to the risk of interfering in the executive authority of management. In practice, the requirement to separately access staff and information would be expected to be on an exception basis.
To enhance the committee’s independence and its capacity to obtain a full appreciation of relevant issues, the Audit Committee charter would also be expected to authorise the committee to seek independent professional advice, as and when required.
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