A crucial part of a board’s effectiveness is to fully understand the function of its audit committee whose chairmanship is normally assigned to a board director. With the SEC’s mandatory requirement for corporations’ board of directors to practice good corporate governance comes the importance of having a functioning audit committee headed by a member of the board. With this in consideration, the Center for Global Best Practices has come up with a program called “ Board Directors’ Guide for Audit Committees ” to help board chairpersons, directors, members of top management, CFOs, auditors, and accountants understand what audit committees do and don’t do. The event will be held on July 21 & 22, 2011 at the EDSA Shangri-La Hotel, Mandaluyong City. This CPE-accredited program is a very useful guide that includes the top 10 best practices for audit committees, how to craft the working program and agenda aligned with the audit committee charter, how it should relate to the board and h
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