Utilising Auditors to Mitigate Risks

Boards through the audit committees liaise substantially with the external auditors. In addition, internal auditors report to the audit committee functionally. Together, they form two of the cornerstones of corporate governance. Much assurance can be gotten from these auditors if we know how to leverage on them. Regulators expect board to use these audit resources effectively in the discharge of their challenging obligations in relation to financial reporting, risks, controls and governance.

4 CEP Hours