Chapter 362

This is also a flash in front of Jesse Zhou's eyes. It seems that jobs really listened to what he said. After that, it was really easy for him to do it.

"But sometimes it's not a good job!" Which partner Harvey brought, said to Jesse Zhou.

"Oh," said Jesse Zhou, looking at Harvey and the man in question. Obviously, I think this is a small role. He almost doesn't remember his name. For example, in his previous life, when Jesse Zhou went out to work, he met some bosses who didn't remember your name. Call it "Hey, or that person, there's something else, that's you, that..." And so on, some of them.

"It's just some accidents, but there are a lot of people staring at the complicated relationship in apple, so you don't have to worry about it at all!" Harvey said comfortingly.

Jessie Zhou frowned slightly and was a little worried“ I don't know much about it, you say! "

"All right!" Harvey shrugged his shoulders to keep up with him“ Ken, please explain to the boss! " Facing the partner nearby, a little fat with a small belly, head in front of a little less middle-aged man said.

Ken nodded and said to Jesse Zhou, "according to the definition of Sarbanes Oxley Act of the United States. Audit committee refers to a professional committee in the board of directors, which is mainly composed of non-executive directors. Audit committee refers to the Committee (or equivalent group) initiated by the board of directors of the issuing securities company and composed of members of the board of directors. Its purpose is to supervise the audit of the company's accounting, financial reports and accounting statements

"Well!" Zhou JieXi nodded to show that he knew!

Ken went on: "it's actually a response to crime and the improvement of the company's internal loopholes! The emergence and development of the concept of audit committee can be seen as a reflection of several fraud and corporate bankruptcy cases that caused great public concern in the United States and Canada at that time. "

"Fraud cases? Aren't there people who monitor the company? " Zhou JieXi has a little doubt to say.

"Ken said it was not perfect before!" Zhao Jie said“ However, even if it is now perfect, there are many such incidents. It's just that the way to do it is more perfect and cunning, making it more difficult for others to notice. "

Suddenly he was interrupted, and Ken, slightly uncomfortable, looked at Harvey. His eyes were full of meaning: "didn't you say the boss is very good? Now I like to interrupt people so much! "

Harvey didn't answer, but didn't go too far.

"All right!" Zhou JieXi nodded. Instead of looking at Zhao Jie, he turned to ken, indicating that he could go on

Harvey expressed helplessness to their reaction and gave Ken a funny shrug. "It's OK, man, that's what they are! You go on, our boss is always a curious baby. But he can absorb a lot of things quickly, and use them directly when they are useful! So you don't have to worry about him forgetting what you said! "

Ken cleaned up his spirit, nodded and then said, "since 1978, the New York Stock Exchange has required that all listed companies be equipped with audit committees composed entirely of independent directors."

"In December 1992, the Canterbury Committee of the United Kingdom signed a report on corporate governance, which recommended that all listed companies in the United Kingdom should set up audit committees. Shortly after that, the London Stock Exchange will establish an audit committee as part of its "code of best practice.".

"At that time, in 1998, China's Xiangjiang learned this system from London and incorporated the audit committee into its best practice code, which means that from January 1, 1999, all listed companies must include a statement in the interim report and annual report."

"To show that the company has followed the code of practice concerning the audit committee, or to explain the reasons for not following the code." Ken said to Jesse Zhou.

"Oh, I understand that a little bit!" Zhou JieXi nodded, as if he really understood. In fact, only he knew whether he understood or not“ But I'm not the internal audit and Finance Committee of the company. Although it sounds a little clear, what is my purpose here? " Jessie Zhou continued doubtfully.

Harvey planned to speak about this meeting in person, so he signaled to ken, cleared his throat and said, "the board of directors is responsible for the supervision of internal accounting control, financial statements and other financial matters of the company."

"The audit committee is a special organization set up by the board of directors, which is mainly responsible for the communication, supervision and verification of internal and external audit of the company. The audit committee consists of three directors, two of whom are independent non-executive directors of the company and the other is executive director. And you are one of the non-executive directors! "

"Well, I know that! I don't work for apple, just as a shareholder representative, do I? "

"Yes, boss!" Harvey nodded, and then he began to say to Jesse Chow, "what's the main responsibility of your current board of directors. One is to "audit and supervise the external audit institutions, whether they have independent and objective audit procedures and whether they are effective."

The second is to formulate policies and implement the non audit services provided by external audit institutions! The third is to audit the company's financial information and its disclosure. The fourth is to supervise the company's internal audit system and its implementation. Fifth, we should be responsible for the communication between internal audit and external audit! There is also a review of the company's internal control system to audit major related party transactions.

"The main objective of the audit committee is to urge the provision of effective financial reports, and to control, identify and manage the risks that many factors may bring to the financial situation of the company."

"The risks faced by the company involve competition, environment, finance, law, operation, supervision, strategy and technology. The audit committee itself is unable to monitor all these risks, and all parties (including other committees of the board of directors) should work together. In this respect, I have to say that Apple's Steve Jobs really did a great job Harvey seems to be a fan of Joe, but it's his business, not his innovation.

"Moreover, as an institution of the board of directors, the audit committee focuses on the importance of effective financial reporting and risk management (identification and control of key risks) for the board of directors, senior managers and internal and external auditors."

"Of course, it also has a job of supervision. If the certified public accountants find major problems in the audit process, they can directly communicate with the people of your audit committee. This is also conducive to the timely settlement of major issues and the assurance of the independence of certified public accountants. "

"When the audit opinions of the certified public accountants are inconsistent with or in conflict with the opinions of the management authorities, and their independence is threatened, we can effectively play the independent authentication role of the certified public accountants by communicating with the audit committee and seeking protection."

"The audit committee is also responsible for communicating with internal and external audit departments and integrating audit resources of internal and external audit. In this way, we can independently, fairly and effectively evaluate the effectiveness of the company's internal control and the reliability of the financial report, and report to the board of directors and the general meeting of shareholders. "

"In this way, it has been set up to guarantee the quality and reliability of the financial information used by the board of directors and the financial statements issued by the company." Harvey then said to Jesse chow.

Listen to a few people said so much, Jessie Zhou also thought about it. That is, it's easy to say, but sometimes it's not easy to see. But inside apple, it's not too complicated. Even if it's really complicated, there's a high roof in front of it when the sky collapses. Sometimes it's not his turn to take charge of it.

"Just as you said just now, there are not many vacations and events in this position. They are the financial directors, the person in charge of internal audit, and the representatives of external audit, who should normally attend the meeting. "

"Other board members can also decide whether to attend. At that time, in any case, the Committee and the external auditors should meet at least once a year in the absence of the executive director and hold some small secrets that only a few people would know. "

"I still have a few secrets. I don't know how many spies there are. If he thinks something is necessary, he will tell jobs. Now that he has come back, he has also been involved in the internal affairs of apple. Otherwise, who knows what someone said to jobs at this time, but he didn't say it, the consequences would be unimaginable! " Jessie can't help but think of it secretly.

After talking for a while, a few people came to the building of Apple headquarters. Hang up the identification of things, Zhou JieXi and a few people because Jane when walked in. The front desk of the company also saw Jesse Zhou and quickly got up and said hello to him.

Inside the company, however, a notice has been issued. They have recorded the photos of Jesse Zhou and several members of the board of directors. It will never happen that the directors come and they don't know.

"Hello, Mr. Zhou!" The girl sweetly said to Jesse Zhou, "she's a blonde girl. Jesse Zhou is furious. She is really the front desk of a big international company. Her taste and appearance are unusual."

"Please come this way. It's almost time for the meeting to start. Almost all the senior executives in the company have arrived. Now they are sitting in the meeting room!" The girl said with a smile, and with that very cocky hip to Jesse Zhou, he walked in front of the guide.