The Audit Committee’s principal role is to ensure the integrity of financial reporting and oversee the Management of significant Operational Risk Management Policies of Meridian. The committee provides oversight to the internal audit function alongside compliance with all application regulations.
This includes
- Review of financial statements, internal controls, accounting policies and reporting procedures
- Ensuring integrity of financial reporting
- Oversight of internal and external audit processes and relationships
- Oversight of Audit and non-Audit services by the external auditors
- Review of financial reporting processes, internal controls and operational risk management
- Monitoring Regulatory compliance
- Reviewing and monitoring enterprise wide risk matters
- Ensuring compliance with Restricted party and Conflict of Interest matters
