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The Audit Committee market is a subset of the accounting industry that focuses on the oversight of financial reporting and internal controls. It is composed of independent directors who are responsible for monitoring the accuracy and integrity of financial statements and other financial information. The Audit Committee is responsible for ensuring that the company's financial statements are prepared in accordance with generally accepted accounting principles and that the company's internal controls are adequate. The Audit Committee also reviews the company's risk management policies and procedures and provides advice on the company's financial reporting and internal control systems.
The Audit Committee market is an important part of the accounting industry, as it helps to ensure the accuracy and integrity of financial statements and other financial information. Companies in this market include Deloitte, Ernst & Young, KPMG, PricewaterhouseCoopers, and Grant Thornton. Show Less Read more