The Audit Committee

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  • เผยแพร่เมื่อ 9 ก.ย. 2017
  • This video discusses the composition and role of a corporation's audit committee. The audit committee is a group of people drawn from the company's board of directors. Each member of the audit committee must be an outside director, otherwise known as an independent director, which means they have no material interest in the company.
    The audit committee is responsible for hiring the company's external auditor, negotiating the external auditor's pay, and mediating disagreements between the company's executives and the external auditor.-
    Edspira is the creation of Michael McLaughlin, an award-winning professor who went from teenage homelessness to a PhD. Edspira’s mission is to make a high-quality business education freely available to the world.
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ความคิดเห็น • 24

  • @maddiemaccheese8170
    @maddiemaccheese8170 ปีที่แล้ว +3

    These videos are a million times more clear and concise than my professor and I can't thank this channel enough for them

    • @Edspira
      @Edspira  ปีที่แล้ว +1

      Happy to help my friend!

  • @curry2131
    @curry2131 5 ปีที่แล้ว +17

    Great video!! You use 4 minutes to clear what I didn't know while my professor spent half an hour explaining this and I didn't know what she was talking about...

  • @MyFinancialFocus
    @MyFinancialFocus 2 ปีที่แล้ว +1

    I'm looking to become a CPA and a CMA. These videos are incredible!

  • @arshadhm4114
    @arshadhm4114 4 ปีที่แล้ว +1

    Excellent presentation 💯

  • @abhishekbansal3417
    @abhishekbansal3417 3 ปีที่แล้ว

    Hey!
    Your channel has been a blessing to me,
    I just have a request can you explain the difference between board of directors and the managerial personnel and the de linking between them in a company.

  • @shoshuz1180
    @shoshuz1180 4 ปีที่แล้ว +4

    Great explanation! Animation could be improved though. I think writings were slightly too small

  • @IbrahimAli-xy1dw
    @IbrahimAli-xy1dw 3 ปีที่แล้ว +2

    thank you so much for such informative and illuminating videos. We really appreciate your efforts. I, personally, have been benefiting so much from them through my journey to sharpen my professional knowledge and skills.
    Love and respect from Iraq.

    • @Edspira
      @Edspira  3 ปีที่แล้ว +1

      Thank you for the kind words my friend. I wish you continued success in your career!

  • @LeslieTzy
    @LeslieTzy 6 ปีที่แล้ว +5

    Hi, will there be a whole new playlist that covers auditing? That would be great!

    • @Edspira
      @Edspira  6 ปีที่แล้ว +15

      An auditing course is in the works. My goal is to have an entire CPA prep available within 1 years time. Thanks for the comment!

  • @ananyah2699
    @ananyah2699 2 ปีที่แล้ว +2

    Short, but very informative!

    • @Edspira
      @Edspira  2 ปีที่แล้ว

      Glad it was helpful!

  • @fionafurtado308
    @fionafurtado308 3 ปีที่แล้ว

    i love your explanation

  • @teeksha4004
    @teeksha4004 3 ปีที่แล้ว

    Thankyou so much🦋

  • @ahmedomar8286
    @ahmedomar8286 6 ปีที่แล้ว +2

    Thanx

  • @burtigame7073
    @burtigame7073 3 ปีที่แล้ว

    studying for corporate law exam on wednesday :( I hope I pass but it looks not too good. thanks for the video

  • @nareshananthula9057
    @nareshananthula9057 3 ปีที่แล้ว

    It helped me 👍Tnq

  • @mohammedshoaib7393
    @mohammedshoaib7393 3 ปีที่แล้ว

    Sir cant anyone with an accounting degree be considered as a financial expert?

  • @zerog1037
    @zerog1037 2 หลายเดือนก่อน

    Wow, in my country...they all have to be financial experts

  • @BETTYFITNESS
    @BETTYFITNESS 4 ปีที่แล้ว +1

    thanks 🙏

    • @Edspira
      @Edspira  4 ปีที่แล้ว

      You're welcome!

  • @abdullatifalnuaim6398
    @abdullatifalnuaim6398 ปีที่แล้ว

    Lol