Bhuiyan, Md. Hamid Ullah
[VerfasserIn]
;
Hossain, Dewan Mahboob
[Sonstige Person, Familie und Körperschaft];
Biswas, Pallab Kumar
[Sonstige Person, Familie und Körperschaft]
Audit Committee in Banks
: Current Regulatory Framework and Disclosure Practices in Bangladesh
Anmerkungen:
In: The Cost and Management, Vol. 35, No.2, pp. 5-18, March-April 2007
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments August, 23 2008 erstellt
Beschreibung:
This paper has critically analyzed the current regulatory framework of audit committee in public limited banks in Bangladesh and highlighted the Audit Committee disclosure practices by surveying all the listed banks (25) as on 30 November, 2006. After analyzing the Securities and Exchange Commission (SEC) notification and BRPD Circular, 15 disclosure variables have been identified and Audit Committee Disclosure Index (ACDI) has been computed for all the listed banks. It has been found some inconsistencies in the regulatory frameworks. Moreover, the survey findings show that the listed banks are disclosing audit committee information in varying degree (26.67 to 86.67) and in different locations of the annual report. The study also expresses its cautionary note on using chairman, vice-chairman, managing director in the audit committee, lack of existence of independent director in the committee, educational qualification of the members