52-110CP - Audit Committees [CP Amendment Proposed - Lapsed]

Concurrently Published:

• BCN 2008/54 - Request for Comments - Revised Corporate Governance Regime [BCN - Lapsed]

Table of Contents

PART 1 GENERAL
1.1 Purpose
1.2 Application to non-corporate entities
1.3 Management companies
1.4 Audit committee procedures

PART 2 THE ROLE AND COMPOSITION OF THE AUDIT COMMITTEE
2.1 The role of the audit committee
2.2 Relationship between the external auditor and shareholders
2.3 Public disclosure of financial information
2.4 Composition of the audit committee

PART 3 INDEPENDENCE
3.1 Guidance for assessing independence

PART 4 FINANCIAL LITERACY, FINANCIAL EDUCATION AND EXPERIENCE
4.1 Financial literacy
4.2 Relevant education and experience

PART 5 NON-AUDIT SERVICES
5.1 Approval of non-audit services

PART 6 DISCLOSURE OBLIGATIONS
6.1 Incorporation by reference