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AYB311 Financial accounting issue Write a short literature review to explain and discuss why these audit and risk management committee (ARC) characteristics may be beneficial

AYB311 Financial accounting issue

Write a short literature review to explain and discuss why these audit and risk management committee (ARC) characteristics may be beneficial for a company and its shareholders, referring to 6 academic journal articles.

ARC characteristics:

  • an ARC with an independent ARC chair;
  • an ARC with majority independent members; and,
  • an ARC with a higher proportion of members with accounting and risk management expertise.

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