Please help to answer the following case study NJH Limited.

nits were impose d s responsible for th on s was subcontracted arded the transport Iging led to a large been aggressively priate receivable willing to report various actions and vvould turn the board. Th was split by The analysis withhold all Fine Cotton dravver and to reduce l. Prior to proposed audited ore than ED tjcuns Quality Control, Ethical Requirements, Independence, Corporate Governance . CHAPTER 7 183 financial year and can meet at other times in relation to special Projects activities. cornrnittee may see fit to invite the auditors (internal and external) and senior financial N anagenient staff to these meetings. The primary functions of this committee are to report that: the systems of control established by management are effectively safeguarding the assets of the accounting records are properly maintained in accordance with statutory regulations, and financial information provided to shareholders and any other interested parties is reliable. In order to undertake and fulfil these functions, the committee will review the work of both the internal and external auditors. The committee may also choose to meet with these auditors at any time. REQUIRED 1 Outline to your partner the effectiveness Of the plan submitted by the client. What further issues need to be addressed? Ensure your information is presented in a manner suited to your partner's need to present it to Ms AH at a meeting. 2. While attending a conference recently, Ms AH thought she heard that there is no place for non-executive directors on audit committees and she wants an opinion on this matter before proceeding with the establishment of NJH's audit committee. Evaluate the validity of the comment made at the conference and be prepared to discuss the issue with your partner 3. you have been requested by your audit partner to prepare a letter to the board outlining the following information: purposes and benefits of audit committees; n terms of reference of audit committees; composition and structure of audit committees; O activities of audit committees; and O problems that may occur with audit committees. Assurne in giving your answers that all elements of the APES 110 Code of Ethics for Professional Accountants have been complied with.