Tuesday, May 31, 2005

Audit committees still lack 'financial experience'

Survey finds that a quarter of FTSE100 companies still do not have audit committees containing someone with 'recent relevant financial experience'

More than 25% of the UK's largest 100 quoted companies do not have audit committees that possess someone with 'recent relevant financial experience' as required by corporate governance guidance, according to a survey by KPMG.

See full Article.