It is a mandate for all companies listed with the Australian Securities Exchange to maintain an internal audit function.

Question

Quizplus · Accepted Answer

The Australian Securities Exchange (ASX) Corporate Governance Principles and Recommendations suggest that a listed entity should disclose if it has an internal audit function, how the function is structured, and what role it performs. However, it is not a mandate for all companies to maintain an internal audit function; it is a recommendation that depends on the size, complexity, and nature of the company's operations.

It Is a Mandate for All Companies Listed with the Australian