The International Comparative Study on Audit Committee System

This article analyses the audit committee system in America,England,Canada.In our country,the audit committee should belong to the board.The member of the audit committee may has three constitution: enough independence,necessary special knowledge and abundent work time.To guarantee the independence of the audit committee,the member of the audit committee may consist of the independent director.It should build the system of the message to make sure that the audit committee can get the newest information of the company.It should make law that all the company should build the audit committee system to promote the structrue of the company to be rational and effective.