Sources of new elements concerning the audit committee
European regulation related to public interest entities: independence of the statutory auditor
European directive : relations with the statutory auditor
Practical rule for the evaluation of the external auditor.
The audit committee should evaluate the work performed by the external auditor and recommends or not to retain the auditor. This evaluation should cover different areas :
Listed companies have the obligation to include in their management's report a description of the main features of the company's internal control and risk management systems. In this respect, the Corporate Governance Committee has elaborated guidelines to assist companies with this description.
Remuneration report included in the Declaration of corporate governance
Increased powers of the General Assembly of Shareholders
Variable remuneration and compensation in shares of executive directors of listed companies
Presence of both sexes in the board of directors composition