St. John's (Antigua), March 4 (IANS): The West Indies Cricket Board (WICB) said that the presentation of an audit report will be among the main features of its Annual General Meeting (AGM) in Jamaica on Friday.
A WICB statement describes the Audit Risk and Compliance Committee (ARCC) as “an important committee” that provides oversight to the checks and balances vital for good governance. The ARCC is chaired by Don Wehby, a non-member director of WICB and chief executive officer (CEO) of Grace Kennedy Ltd, reports CMC.
“There is still a lot to be done but I am confident that we will achieve our objective of becoming world class in governance, risk and financial practices. With oversight of the ARCC, the WICB for the first time completed its annual audit of accounts for the past financial year last December 31," said Wehby.
The ARCC is responsible for reviewing WICB’s operations in a number of areas including financial reporting, internal control, internal and external audit and compliance. The six members on ARCC also include WICB president Dave Cameron, CEO Michael Muirhead and corporate secretary Verlyn Faustin.