Board Committee Roles and Responsibilities Mind Map
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management
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Outline


Audit Committee
Ensure integrity of financial information
Increase the emphasis on risk and control
Give directors more insight in the companyaccounting and control system
Increase directors understanding in external andinternal audit
Improve communication between board andexternal auditor
Improve quality of financial reporting
Create forum for the chief financial officer
Strengthen the internal audit function
Nominating Commitee
Assessing and recommend to the boardcandidate of director
Appointment of directors to board commitee
Review board's succession plans and trainingprograms
Facilitate board induction and training program
Establish policy formalising its approach toboard room diversity
Remuneration Committee
Determine the compensation and benefits ofdirector and executive
Setting compensation plans

Audit Committee
Principle 5: Uphold Integrity In FinancialReporting
Para 15.12 of Listing Requirements
Nominating Committee
PRINCIPLE 2: Strengthen Composition
Best Practice AAIX and AAX of the MalaysianCode on Corporate Governance (function)
Remuneration Committee
PRINCIPLE 2: Strenghten Composition

Reduces board workload and improve focus onother issues
Creates structures that can use inherentexpertise to improve decisions in key areas
Communicates to shareholders
Increase in shareholder confidence
Communicates to stakeholders
Satisfy requirements of the governancerequirements