An Audit Committee is a group within an organization, typically part of the board of directors, responsible for overseeing financial reporting and disclosure. Its main role is to ensure that the organization's financial statements are accurate and comply with relevant laws and regulations. The committee also monitors the effectiveness of internal controls and risk management processes. Members of the Audit Committee usually include independent directors with financial expertise. They work closely with external auditors to review audit findings and ensure that any issues are addressed. This oversight helps maintain transparency and accountability in the organization's financial practices.