1.The Audit Committee has an important oversight role in the corporate governance process. i. Explain the role of the Audit Committee in the corporate governance process. ii. Critically discuss reasons why the Audit Committee might fail in its oversight role 

2. The role and importance of independent non-executive directors in making the board more accountable for their policies and activities have often been highlighted. i. Discuss reasons why independent non-executive directors are appointed on boards. ii. Critically analyse the extent to which independent non-executive directors really serve in making the board more accountable