Committees,Board and Panels>The Audit Investigation Board
Members of the Audit Investigation Board (the “ AIB ”)
Chairman
Dr. P.M. Kam (ex-officio)
Members
Mr. T.S. Chan
Ms. Anna Lau
Ms. Florence Wong
Ms. Joyce Woo
Appointment of members
The Chief Executive Officer of the FRC is the ex-officio member and chairman of the AIB.
Other members of the AIB are appointed by the FRC under section 22 of the Financial Reporting Council Ordinance (the “ FRC Ordinance ”). All current members of the AIB are staff of the FRC secretariat.
Function
When the FRC decides to initiate an investigation into auditing or reporting irregularities, it may, under section 23 of the FRC Ordinance, direct the AIB to conduct the investigation.
Powers
The AIB may, with the powers vested in it under sections 25, 26, 27 and 28 of the FRC Ordinance, require relevant persons to produce records and documents, supply information and provide explanation for the purpose of the investigation.
