Audit committees are expected to communicate effectively as trusted relationships are created when high
quality communication takes place. Very little research has been performed on communication between audit
committees and boards of directors and no studies have been performed on audit committees’ communication
of internal audit information to boards of directors. In closing the gap this article examines the effectiveness of
the process of communicating internal audit information between the audit committee and the board, and is
useful as previous audit committee studies focussed predominantly on the diligence, resources, authority, and
composition of the audit committee and not on the actual process of communication. A case study of three
JSE listed mining companies operating in the South African gold, platinum, coal and energy sectors was
performed to understand whether communication processes between their audit committees and boards of
directors were effective. This involved understanding the views of the chairpersons of the audit committee and
board, non-executive directors and chief audit executives for the three companies concerned, because these
parties are important role players in communicating internal audit information between their corresponding
committees. The findings of the study identified strengths and weaknesses of internal audit information to be
communicated and considered the communication process. Barriers, such as board dynamics, culture and
language, and the conduct of members were identified. The study showed the importance of the role of the
chairperson of the audit committee to promote effective communication and to fulfil such a role, identified
attributes are needed.
Steyn, Blanché(African Consortium of Public Administration, 2014)
The Public Finance Management Act, 1 of 1999, requires the public sector to establish
internal auditing functions. The study reported in this article aimed to identify the
requirements for a public sector chief audit ...
Barac, Karin; Mdzikwa, J.T.(Southern African Institute of Government Auditors, 2016)
Independence is a cornerstone of the internal audit profession, hence its prominence in the definition of
internal auditing. The quality of the audit committee/internal audit activity relationship is important for ...
Gloeck, Juergen D. (Juergen Dieter), 1956-(Southern African Institute of Government Auditors, 2003)
The Draft Public Audit Bill was developed to reform the public sector audit function and to repeal and amendment existing legislation in this regard. This article examines the effect the proposed legislation has on the ...