is it mandatory to place internal audit report in the board meeting if the same has been considered by the audit committee?
Minutes of such audit committee are duly placed in the board meeting for approval but again placing of internal audit report in front of all board members is a pre-requisite?
as per my understanding, though every board member has a right to knw the internal audit report but keeping it again defeats the purpose of forming audit committee for such matters. pls advice
CAclubindia
