Smith report


Smith report
The report of the independent group, chaired by Sir Robert Smith, to clarify the role and responsibilities of audit committees and to develop the existing Combined Code guidance. The Smith review was set up in 2002 by the Financial Reporting Council (FRC). This group worked closely with the Higgs review and in its report (the Smith report) issued in January 2003, it proposed changes to provisions in the Code dealing with the composition and role of the audit committee and its reporting to shareholders. The Smith report included specimen terms of reference for an audit committee and an outline of the section to be included in a company's annual report on the activities of the audit committee.
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Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

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  • Smith Report — A British *corporate governance report of 2003. The report’s formal title was Audit Committees: Combined Code Guidance, and it was named for Sir Robert Smith, the chairperson of the committee that prepared it. The Smith Report’s aim was to… …   Auditor's dictionary

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  • Smith Sound (Trinity Bay, Newfoundland and Labrador) — Smith Sound is a zigzag 24 kilometer inner region of Trinity Bay. This sound is one of the longest portions of inshore waterways in Newfoundland, located on its north eastern coast in the Canadian province of Newfoundland and Labrador. Bonavista… …   Wikipedia

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  • Smith College — Devise To Virtue, Knowledge Nom original Smith College Informations Fondation 1871 Type …   Wikipédia en Français

  • Smith Micro Software — Smith Micro Software, Inc Lema Moving mobility forward Tipo Pública (NASDAQ:SMSI) Fundación 1983 …   Wikipedia Español

  • Smith Creek (Santa Clara County, California) — Smith Creek is the name of two distinct watercourses within Santa Clara County, California.The larger of the two is located in the Diablo Range east of San Jose. The creek begins near the Bollinger Ridge, about 7.7 km SxSW of Mount Hamilton. It… …   Wikipedia

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  • Smith's blue butterfly — Taxobox name = Smith s blue butterfly image size = 222px image caption = Smith s blue butterfly status = LE status system = ESA regnum = Animalia phylum = Arthropoda classis = Insecta ordo = Lepidoptera familia = Lycaenidae genus = Euphilotes… …   Wikipedia

  • Smith — I Smith   [smɪθ],    1) Adam, britischer Moralphilosoph und Volkswirtschaftler, getauft Kirkcaldy 5. 6. 1723, ✝ Edinburgh 17. 7. 1790; Schüler von F. Hutcheson und Freund von D. Hume; war Professor für Logik, später auch für …   Universal-Lexikon