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Organizations with a large board of directors (such as international labor unions, large corporations with thousands of stockholders or national and international organizations) may have a smaller body of the board, called an executive committee, to handle its business. The executive committee may function more like a board than an actual ...
The United States Senate Committee on Finance (or, less formally, Senate Finance Committee) is a standing committee of the United States Senate.The committee concerns itself with matters relating to taxation and other revenue measures generally, and those relating to the insular possessions; bonded debt of the United States; customs, collection districts, and ports of entry and delivery ...
A similar definition has been developed by the government auditors in the INTOSAI’s Internal Control Standards: "A committee of the Board of Directors whose role typically focuses on aspects of financial reporting and on the entity's processes to manage business and financial risk, and for compliance with significant applicable legal, ethical ...
Internal control, as defined by accounting and auditing, is a process for assuring of an organization's objectives in operational effectiveness and efficiency, reliable financial reporting, and compliance with laws, regulations and policies. A broad concept, internal control involves everything that controls risks to an organization.
A ways and means committee of the United States Congress. A ways and means committee is a government body that is charged with reviewing and making recommendations for government budgets. Because the raising of revenue is vital to carrying out governmental operations, such a committee is tasked with finding the ways and means with which to ...
Financial management is the business function concerned with profitability, expenses, cash and credit. These are often grouped together under the rubric of maximizing the value of the firm for stockholders .
The Financial Services Committee also oversees the work of the Federal Reserve, the United States Department of the Treasury, the U.S. Securities and Exchange Commission and other financial services regulators. The House Committee on Financial Services is considered to be one of the House's most powerful committees. [1]
Committee on Finance or Finance Committee may refer to: Board of Finance in New England local government (with varying titles outside Connecticut) Canadian Senate Standing Committee on National Finance, a standing committee of the Senate of Canada; Canadian House of Commons Standing Committee on Finance; Finance Committee (French National Assembly)