422.10 – Auditguru

Questions › Category: CA-Final Corporate Governance › 422.10

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Siddhartha Jain asked 4 years ago

Sir what is the difference between Audit Committee and Risk Management Committee?

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Ravi Staff answered 4 years ago

Audit Committee generally looks after accounting and auditing related matters
Risk management committee looks after various risks which can affect organisation and how to handle, compensates those risks, they think beyond accounts and finance