A joint event was organized by the Institute of Chartered Accountants of India and the Institute of Chartered Accountants of Australia on Enhancing Corporate Governance - The role of the Audit Committee on July 10, 2012 at Mumbai. The event aimed to provide a detailed knowledge on the role of audit committees, how they can assess audit quality, work with auditors and enhance Corporate Governance. The event provided an appropriate forum to understand the Corporate Governance and Audit Perspective at both India and Australia. While this was held in forenoon, in the afternoon, a session on Regulatory Environment in Australia was undertaken by ICAA representatives Mr. Bill Palmer and Mr. Andrew Stringer