Every charitable organization that has its financial statements independently audited, whether legally required or not, should consider establishing a separate audit committee of the board.

The independent directors are members of the audit committee, whose duties include reviewing the annual financial statements before publication.

She was a member of the bank's audit committee in some of the years covered by the files.

He told the environmental audit committee that radical action was needed to cut pollution.

We are very conservative with all our financials and our audit committee regularly undertakes deep and probing reviews of our accounts.