AUDIT COMMITTEE TOOLKIT

The Audit Committee Institute (ACI) platform offers directors and audit committee members the opportunity to gain the additional knowledge, enhanced competencies and personalized assistance they need to fulfill their demanding oversight roles.

The ACI publication Shaping the Belgium Audit Committee Agenda can be their Vademecum, providing knowledge, tools and techniques to help them better fulfill their demanding mission. In addition to useful templates for an audit committee agenda and self-evaluation, and guides for the assessment of external and internal auditors, this publication includes specific terms of reference and audit committee basics.

To assist its members in applying these elements in daily practice, ACI has decided to equally publish each separately, offering its members a comprehensive Audit Committee Toolkit providing fifteen different tools. These can be downloaded by double-clicking selections from the following list:

1 Creating an Effective Audit Committee

2 A Comparison of Belgian Corporate Governance Code to UK, NYSE and SEC Codes

3 Audit Committee Terms of Reference - Example

4 Audit Committee Agenda - Example

5 Audit Committee Meeting Agenda for the year - Example

6 Audit Committee Self Assessment - Questionnaire

7 Evaluation of External Auditors - Questionnaire

8 Evaluation of Internal Auditors - Questionnaire

9 Policy on the use of External Auditors for Non-Audit Services - Example

10 Questions on Identifying and Assessing Risk

11 Risk Management Warning Signals

12 Whistle Blowing Policy - Example

13 Policy on the Employment of Former Employees of the External Auditor - Example

14 Internal Audit Plan - Example

15 Risk Summary and Register - Example