The audit committee is an important part of a company's board of directors, and a key role of the committee is to hire, oversee, and compensate the external auditor. In this video created by the Center for Audit Quality, audit committee chairs discuss best practices related to these responsibilities. In this video created by the Center for Audit Quality, audit committee chairs discuss best practices related to these responsibilities.

For more information from the CAQ on audit committees, visit http://www.thecaq.org/policy-issue/audit-committee-issues.

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