ST. JOHN'S, Antigua (CMC):

The West Indies Cricket Board (WICB) said yesterday that the presentation of an audit report will be among the main features of its annual general meeting (AGM) in Jamaica on Friday.

A statement from WICB describes the Audit Risk & Compliance Committee (ARCC) as "an important committee of the WICB" that provides oversight to the checks and balances vital for good governance.

The ARCC is chaired by Don Wehby, a non-member director of the WICB and chief executive officer of Grace Kennedy Ltd.

Governance

"There is still a lot to be done, but I am confident that we will achieve our objective of becoming World-class in governance, risk and financial practices," said Wehby.

"With oversight of the ARCC, the WICB for the first time completed its annual audit of accounts for the past financial year last December 31."

The ARCC is responsible for reviewing the WICB's operations in a number of areas including financial reporting, internal control, internal and external audit and compliance.

The six members on ARCC also include WICB president Dave Cameron, chief executive officer Michael Muirhead and corporate secretary Verlyn Faustin.