The audit committee reports to the board or supervisory body on how the audit and, where applicable, the sustainability assurance turned out, explaining what each added to the integrity of the reporting and what part the committee played; monitors the financial and sustainability reporting processes, including the electronic reporting process and the process for identifying the information reported under the ESRS, and recommends measures for their integrity; monitors the effectiveness of internal quality control, risk management and internal audit over financial and sustainability reporting without compromising its independence; monitors the statutory audit and the sustainability assurance, taking account of the competent authority's findings; reviews and monitors the auditor's independence including the appropriateness of non-audit services; and runs the auditor selection procedure and recommends the appointment under Article 16 of Regulation (EU) No 537/2014.
This control maps to 1 controls across 1 other frameworks. If you already hold one of them, the evidence you collected for it is the starting point here rather than new work.
Every mapping shown was judged rather than inferred from wording similarity, and the ones that failed review are published too. See the coverage reports and what was rejected.
The graph holds this control, the 1 it maps to, and the evidence behind each claim, over MCP and REST.