Using relevant examples, discuss the role of the audit committee of the board in enhancing the independence of the internal audit function.

2. Review the Article by He, et al. (2009), Board monitoring, audit committee effectiveness, and financial reporting quality: Review and synthesis of empirical evidence & other relevant published articles and discuss the key roles and responsibilities of the Board through the Audit Committees in ensuring quality of Financial Reporting.

3. Using the Lehman Brothers Bankruptcy (2008) case, discuss the role of independent auditors in ensuring complete and accurate financial statements and related public disclosures.