PwC IT Governance 22 KING III Risk committee and audit committee should assist the board in carrying out its IT responsibilities Recommendation The risk committee should ensure that IT risks are adequately addressed The risk committee should obtain appropriate assurance that controls are in place and effective in addressing IT risks The audit committee should consider IT as it relates to financial reporting and the going concern of the company Practical considerations IT risks covered as part of ERM process IT should be on agenda of Risk and Audit committee meetings Audit committee to consider IT risks as it relates to : Financial Reporting Going Concern
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