1st Lecture

1. Why do board needs setup committees? Do committees strengthen weaken the BOD?
2. List down the important committees along with their Functions
3. Audit committee is consider the most important one. Do you think it deserve such as
importance?
4. Explain the main duties of Nomination committee.
5. List principle duties of Remuneration committee.
6. Explain the practical issues faced by risk committee and what are its advantages and
disadvantages?
7. Discuss difference between Membership of Remuneration and nomination committees.
8. What is an ad-hoc committee?
9. Different Types of committees
1) Audit and compliance committees
2) Nomination and Remuneration committees
3) Executive committee
4) Corporate compliance committee
5) Ad-hoc committee
I. Investigation committee
II. Negotiation committee
III. Project committee
IV. Employee compensation and development committee
V. Communication committee

2nd Lecture

10. Audit committee

11. Membership and responsibility of an audit committee in a listed company
12. Terms of reference of audit committee
13. Nature of audit committee
14. Best practices of audit committee. What difference can audit committee make.

3rd Lecture
15. Define internal control system. Explain the concept of sound internal control system
16. List and explain five elements of COSO internal control framework
17. List and explain seven control activities
18. Stat the four COCO criteria, Explain with Examples
19. Discuss the objectives and tools of internal control for the management of company
20. Describe distinguish between Basic and Super controls
21. How does the work of internal auditor differ from the work of external auditor
22. Who is the “Whistle Blower”. What are the different types of Whistle Blowers?
23. How does soft Whistle Blowers differ from the hard Whistle Blowers? Which is the more
damaging?
24. What should the contents of good Whistle Blower
25. Define corporate social responsibility (CSR). What are the advantages and disadvantages
of CSR?
26. Define corporate culture. Discuss in detail the content of companies code of ethical conduct
and characteristics of an ethical organization
27. What general provisions of SECP’S are providing in code of corporate governance with
reference to following:
1) Tenure of office
2) Meeting of BOD
3) Power and function of BOD
4) Related party transactions
5) Orientation courses for directors
6) Appointment and removal of key officials
7) Requirement for attending the board meeting
8) Function of CFO and head of internal auditor
9) Frequency of financial reporting
10) Directors report to the shareholders
11) Directors interest in the company
12) Frequency of meeting and attendance
13) Director remuneration
14) Terms of references