THE RELATIONSHIP BETWEEN THE AUDIT COMMITTEE AND THE FINANCIAL AUDITOR IN ROMANIAN PUBLIC INTEREST ENTITIES

摘要

The paper is based on the results of an empirical research carried out in 2009 on the topic of corporate governance of public interest entities in Romania. The paper presents aspects regarding the activity of the audit committee and its relationship with the financial auditor. On the background of a relatively recent legal framework regarding corporate governance, the research identified deficiencies in the structure and the functionality of the audit committee, in the communication of the financial auditors with the audit committee and in the extent to which respondents are informed of the fulfilment of the audit committee's tasks.,