ECIIA and FERMA issue joint guidance for risk and audit committees

ECIIA and the Federation of European Risk Management Associations (FERMA) have launched joint guidance – Audit and risk committees: news from EU legislation and best practices –designed to aid those committees cope with recent revisions to the 8th Company Law Directive. The document provides advice on how risk and audit committees should support their boards and receive help from internal auditors and risk managers. It identifies ten possible responsibilities to share between audit and risk committees and is meant to help boards of companies and the chairmen of audit and risk committees to handle the increased EU requirements on financial and non-financial transparency. You can download the brochure on : http://www.eciia.eu/wp-content/uploads/2014/10/ECCIA_FERMA_Brochure_v8_HD1.pdf Enjoy the reading   Kind regards Thjis Smith ECIIA President P Vandenbussche ECIIA Secretary General