Investment Committees and Public Interest Entity: Difference between pages

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imported>Doug Williamson
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imported>Doug Williamson
(Create page. Source: BDO webpage https://www.bdo.global/en-gb/services/audit-assurance/eu-audit-reform/what-is-a-public-interest-entity-(pie))
 
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1.  
''Financial reporting and governance''.


(ICs).  
(PIE).


A representative grouping through which external institutional investors express their collective views to the senior management of the firms in which they hold significant investments.
A Public Interest Entity is an undertaking that is of significant public relevance because of the nature of its business, its size or the number of its employees.


 
The financial audits of PIEs are subject to stricter regulation than audits of other entities, because of the relevance of the undertaking to the public.
 
2.
 
A committee which advises internally on the investment policy selected and implemented by a particular body or institution. 
 
For example, the investment committee of an individual pension fund.  




== See also ==
== See also ==
* [[Investment]]
* [[Audit]]
 
[[Category:Investment]]

Revision as of 16:30, 10 July 2018

Financial reporting and governance.

(PIE).

A Public Interest Entity is an undertaking that is of significant public relevance because of the nature of its business, its size or the number of its employees.

The financial audits of PIEs are subject to stricter regulation than audits of other entities, because of the relevance of the undertaking to the public.


See also