The essential role of Audit Committees in promoting governance in startups

Strong corporate governance cannot be overstated as India’s start-up ecosystem continues to flourish. Sandip Khetan and Sagar Lakhani’s second article in the Governance series in ETCFO explores the crucial role of audit committees in fostering transparency, accountability, and responsible decision-making in start-ups.

Audit committees ensure the accuracy of financial reporting and oversee internal controls, risk management, and regulatory compliance. By prioritizing governance, start-ups can build investor confidence, navigate business complexities, and lay the foundation for long-term success.

To know about how robust governance practices can unlock the full potential of startups and contribute to the growth of the Indian economy.