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Financial terms in "Personnel Management"

1. Employee

2. remuneration

3. service contract

4. Cooling-Off Period

5. full employment

6. Positive Discrimination

7. Retire

8. Psychological Contract

9. Perquisites

10. Portfolio Career

11. Federal Insurance Contributions Act

12. Green Card

13. facilitation

14. ergonomics

15. Leadership

16. Pink Slip

17. Flexible spending account

18. Merit Rating

19. Cafeteria Plan

20. discrimination

21. layoff

22. Turnover

23. Per Diem

24. Redundancy

25. Manager

26. competence

27. management trainee

28. benefit

29. bought ledger clerk

30. redundancy payment

31. incremental scale

32. cost-of-living increase

33. Retirement

34. Working Time Directive

35. restraint of trade

36. Plan participant

37. employment contract

38. Contract Of Employment

39. management

40. Induction

41. fringe benefits

42. supplementary benefit

43. management training

44. Leader

45. Employment Equity

46. labor

47. perk

48. moonlighting

49. secondment

50. dismissal

51. compensation package

52. FICA

53. Parkinson's Law

54. cost-of-living index

55. Human capital

56. stock incentive plan

57. salary review

58. Employment Law

59. Salary reduction plan

60. seasonal unemployment

61. Middle Management

62. Industrial Tribunal

63. administrator

64. Self-Employed

65. retention

66. CARDs

67. Severance

68. orientation

69. flexible benefit plan

70. risk manager

71. Employer

72. income distribution

73. Arbitration

74. CV

75. vesting

76. Notice Period

77. Expenses

78. Core competence

79. Conciliation

80. benefit in kind

Featured term of the day

Definition / Meaning of

Audit Committee

Categories: Accounting, Tax, Business and Management,

The corporate audit committee is the liaison between the company's management, the board of directors, internal and external auditors, and any other accounting experts advising the company on audit issues.In particular, the audit committee is responsible for hiring and managing external auditors. Since 2002, when Congress passed the Sarbanes-Oxley Act, implementing stringent financial oversight regulations, the role of the audit committee has become increasingly important.An audit committee is composed of a sub-group from the corporation's board of directors. Members of the audit committee must be independent, which means they have no ties to the company's management team. In general they cannot receive any compensation, such as consulting or advisory fees, except for a board of director's fee. They may not be able to own shares in the company, or be affiliated in any other way with the company. Nor can they be affiliated with or have an interest in the external auditing company.

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8. Floating Excess Policy
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