Document background
An Audit Committee Resolution is a crucial governance document used in Qatari corporations to formally document and implement decisions made by the audit committee. This document type is required under Qatar Commercial Companies Law and the QFMA Corporate Governance Code, particularly when the committee makes significant decisions regarding financial oversight, audit matters, or compliance issues. The resolution format ensures that decisions are properly recorded, authenticated, and implemented within the organization's governance framework. Typically, an Audit Committee Resolution will include details of the meeting, specific decisions made, implementation requirements, and necessary regulatory compliance confirmations. It serves as both a legal record and an operational directive, binding on the organization and its relevant stakeholders.
