Analysis Of Problems And Countermeasures Of Huaze Cobalt And Nickel Audit Committee In Company Information Disclosure Supervision

As a special committee organization under the board of directors,the audit committee is crucial in supervising company information disclosure and ensuring the quality of company information.Compared with the long-term study of the effectiveness of foreign scholars on the function of the audit committee,China's experience in this area still has some shortcomings.There is no legal requirement for the establishment of an audit committee for listed companies in China.In recent years,listed companies have frequently exposed information disclosure violations,and some corporate audit committees in China still have many problems and deficiencies in terms of professional competence and diligence,and fail to effectively play the information disclosure supervision function.This paper takes Huaze Cobalt-nickel Material Co.,Ltd.as an example to study the problems and countermeasures of the function of the audit committee.The third chapter of the paper introduces the theoretical part of the audit committee's role in the supervision of information disclosure and the mechanism of its role in safeguarding the quality of information disclosure.The fourth chapter to the sixth chapter are the case analysis part.The fourth chapter introduces the scale of the audit committee of Huaze Cobalt and Nickel Company and the basic situation of personnel establishment,and summarizes the duties of the audit committee of the company in the function of information disclosure supervision.The current situation of the content,then the fifth chapter of the article analyzes and studies its defects,sums up the reasons for the audit committee's supervision function not in place,not only the establishment and operation of the audit committee,but also the company's audit committee.The degree of emphasis and the defects in corporate governance structure,the specific root cause analysis starts from the above three aspects,each aspect is further subdivided,and points are analyzed.The sixth chapter eorresponds to the root cause analysis of the previous article,and on this basis,the corresponding improvement suggestions are put forward.They are:to improve the company's emphasis on the audit committee;from the perspective of improving the effectiveness of the audit committee itself,from improving the professional competence of the audit committee members,increasing the frequency of meetings,improving the feedback of the conference content,and improving the independent directors to obtain internal company Suggestions on the ability of information in several aspects;in the perspective of improving the corporate governance structure,from the reasonable checks and balances of controlling shareholders,to avoid the integration of management members and members of the audit committee,and to reduce the cross-level of the special committees to make recommendations.The innovation of this paper is that in the past,scholars mainly conducted empirical research on the effectiveness of audit committee performance.In the form of case study,this paper explores the defects and shortcomings of the corporate audit committee in the process of supervising and reviewing the company's information disclosure from different perspectives,and provides reference for relevant research in the future.