This is an independent board therefore organizational independence is achiewed
Enforces internal audit recommendation
Disadvantages
Time factor – lack quality time to support the internal audit activity on day to day basis as an Independent reporting facility. Audit committee meets on average four times a year
Their functions are parallel – the audit committee is apart from the main stream of business activities. As result , the internal auditor does not always receive necessary information and directives which might enable him to function effectively
