The main objective of this research is to investigate the role of audit committees in enhancing the effectiveness of internal control in Egyptian companies. The researcher dealt with the concept of audit committees, their importance and the basic characteristics of audit committees represented in independence, financial expertise, industry expertise, size and periodic meetings of the audit committee and the powers and duties of audit committees and their effect on the internal control system. In order to achieve the objectives of the research, a correlation analysis was conducted between audit committees as an independent variable and the effectiveness of internal control as a dependent variable, the study population consists of auditors of joint-stock companies listed on the Egyptian Stock Exchange and faculty members at Egyptian universities. Then the effect of the role of audit committee on the effectiveness of internal control was then measured through a regression model.
It was found that the presence of audit committees in Egyptian companies enhances the effectiveness of internal control.