The Executive Committee of Banani DOHS Parishad has formed an independent Audit Subcommittee for the purpose of smooth functioning of internal control system and ensuring transparency in the financial management of the Parishad. The Audit Subcommittee consists of the President and 5 members who are permanent residents of Banani DOHS area.
Rules:
The main roles of Audit Subcommittee are as follows:
• To provide oversight of the financial reporting process, the audit process, the system of internal controls and compliance with laws and regulations.
• To review significant transaction issues and effectiveness of internal controls.
• To carry out special investigation whenever assigned.
• To extend cooperation during the audit carried out by the external auditors.
• To extend cooperation during the audit carried out by the external auditors.