Phillips Law

Recommendations of Combined Assurance Part 2

June 9, 2017 No Comments

253. The external auditors should – (a) liaise with Internal audit and risk management committees on the scope and extent of coverage; and (b) report on material weaknesses in financial control and finance management systems, whether from design, implementation or execution perspectives, that result in actual material financial loss, fraud or material misstatements. 254. Management […]