Chapter 362 (1/2)
This is also a flash in front of Jesse Zhou's eyes. It seems that jobs really listened to what he said. After that, it was really easy for him to do it.
”But sometimes it's not a good job!” Which partner Harvey brought, said to Jesse Zhou.
”Oh,” said Jesse Zhou, looking at Harvey and the man in question. Obviously, I think this is a small role. He almost doesn't remember his name. For example, in his previous life, when Jesse Zhou went out to work, he met some bosses who didn't remember your name. Call it ”Hey, or that person, there's something else, that's you, that...” And so on, some of them.
”It's just some accidents, but there are a lot of people staring at the complicated relationship in apple, so you don't have to worry about it at all!” Harvey said comfortingly.
Jessie Zhou frowned slightly and was a little worried“ I don't know much about it, you say! ”
”All right!” Harvey shrugged his shoulders to keep up with him“ Ken, please explain to the boss! ” Facing the partner nearby, a little fat with a small belly, head in front of a little less middle-aged man said.
Ken nodded and said to Jesse Zhou, ”according to the definition of Sarbanes Oxley Act of the United States. Audit committee refers to a professional committee in the board of directors, which is mainly composed of non-executive directors. Audit committee refers to the Committee (or equivalent group) initiated by the board of directors of the issuing securities company and composed of members of the board of directors. Its purpose is to supervise the audit of the company's accounting, financial reports and accounting statements
”Well!” Zhou JieXi nodded to show that he knew!
Ken went on: ”it's actually a response to crime and the improvement of the company's internal loopholes! The emergence and development of the concept of audit committee can be seen as a reflection of several fraud and corporate bankruptcy cases that caused great public concern in the United States and Canada at that time. ”
”Fraud cases? Aren't there people who monitor the company? ” Zhou JieXi has a little doubt to say.
”Ken said it was not perfect before!” Zhao Jie said“ However, even if it is now perfect, there are many such incidents. It's just that the way to do it is more perfect and cunning, making it more difficult for others to notice. ”
Suddenly he was interrupted, and Ken, slightly uncomfortable, looked at Harvey. His eyes were full of meaning: ”didn't you say the boss is very good? Now I like to interrupt people so much! ”
Harvey didn't answer, but didn't go too far.
”All right!” Zhou JieXi nodded. Instead of looking at Zhao Jie, he turned to ken, indicating that he could go on
Harvey expressed helplessness to their reaction and gave Ken a funny shrug. ”It's OK, man, that's what they are! You go on, our boss is always a curious baby. But he can absorb a lot of things quickly, and use them directly when they are useful! So you don't have to worry about him forgetting what you said! ”
Ken cleaned up his spirit, nodded and then said, ”since 1978, the New York Stock Exchange has required that all listed companies be equipped with audit committees composed entirely of independent directors.”
”In December 1992, the Canterbury Committee of the United Kingdom signed a report on corporate governance, which recommended that all listed companies in the United Kingdom should set up audit committees. Shortly after that, the London Stock Exchange will establish an audit committee as part of its ”code of best practice.”.
”At that time, in 1998, China's Xiangjiang learned this system from London and incorporated the audit committee into its best practice code, which means that from January 1, 1999, all listed companies must include a statement in the interim report and annual report.”
”To show that the company has followed the code of practice concerning the audit committee, or to explain the reasons for not following the code.” Ken said to Jesse Zhou.
”Oh, I understand that a little bit!” Zhou JieXi nodded, as if he really understood. In fact, only he knew whether he understood or not“ But I'm not the internal audit and Finance Committee of the company. Although it sounds a little clear, what is my purpose here? ” Jessie Zhou continued doubtfully.