Ideally, which of the following should oversee the ethics audit?
A)The board's financial audit committee
B)The CFO
C)The CEO
D)Outside consultants
E)Secondary stakeholders

Question

Quizplus · Accepted Answer

The board's financial audit committee is the ideal choice for overseeing the ethics audit as this committee is responsible for ensuring the integrity of the organization's financial reporting and controls. Ethics audits can uncover organizational practices that may have financial implications, and therefore, it is natural for the board's financial audit committee to oversee this process. Additionally, the board's financial audit committee can provide an independent perspective on ethical issues and can make recommendations to the board of directors based on the findings of the ethics audit.

Ideally, Which of the Following Should Oversee the Ethics Audit