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In this episode of BRD Meaning Metter, we delve into a crucial aspect of corporate governance: the audit committee. Based on insights from Steven Bragg’s "CFO Guidebook," we discuss who should compose this vital committee and what their key responsibilities are. Additionally, we examine the famous Enron case and how the lack of an effective audit committee led to one of the biggest corporate scandals in history, highlighting the importance of independent and rigorous oversight. Join us to gain a deeper understanding of how these guardians of financial integrity play a fundamental role in protecting against fraud and ensuring ethical financial practices.