Role and Responsibilities

The MEA Audit Committee is responsible for reviewing the credibility of financial and management reports, overseeing the adequacy and effectiveness of the internal control and internal audit. Besides, its responsibilities include reporting on related transactions and conflict of interests, monitoring observances of rules, regulations, cabinet's resolutions and policies formulated by the MEA Board of Directors, reviewing the adequacy of the internal control system on information technology, performing tasks assigned by the Board and preparing the MEA Audit Committee's report on good corporate governance.