Audit Committee
Corporate Governance Powers And Duties of The Board of Directors Functional Committees Audit Committee Finance Committee Player Selection Panel Nomination, Election, Re-Election of Board Directors & Functional Committee General Administration Conduct for Coach

Audit Committee

(a) The Audit Committee of the Association should undertake the responsibility of overseeing the financial reporting and audit processes of the Association independently and ensuring that the Association is complying with legal and regulatory requirements, including but not limited to:
  • Identify and report significant risks issues to the Board of Directors;
  • Recommend the appointment of external auditor and consult with the appointed external auditor on matters related to external audit; and
  • Oversee the effectiveness of the designated internal control and risk management system.

(b) The Association should appoint a Board Director, who is neither the Chairperson of the Board of Directors nor other functional committees, as the Chairperson of the Audit Committee; and

(c) Amongst the Audit Committee members, there should be at least one member with relevant financial experience and/or risk expertise who can bring knowledge of accounting or finance, as well as internal control and risk management to the Audit Committee.