Audit Committees as one of the support mechanisms for risk assessment in economic institutions

Abstract

This study aims to identify the mechanisms of support for risk assessment in economic
institutions, through the audit committees. Where the failure of the giant companies in the world's
largest economy lead to increasing the risks in the institutions, which threatened its stability.
Hence, formed the idea of audit committees, to maintain the stability of the institution. Which has a
significant role in the financial risk assessment in the organization, through their regulatory
oversight.