Salon N-6: the room where the audit committee signs the SAS 100 and the auditor kit lands before the planning memo
Salon N-6 sits inside one of the corporate audit committee complexes in the Polanco-Bosques corridor of Mexico City: a rectangular table seating nine, a central screen for findings review, lecterns for the external auditor and the head of internal audit, an adjoining deliberation room with four seats, a holding foyer for working coffee, a dumbwaiter from the corporate kitchen, and an independent access door for the notary when the minutes are notarised at close. This is where the quarterly audit committee sessions of BMV-listed issuers run, where the year-end reviews with the external auditors (typically from the Big Four and national firms) take place, where the bank SAS 100 reviews are held, and where the due diligence of dual-listed companies is reviewed. What separates Salon N-6 from a posh ballroom is the documentary order: the auditor kit enters before the planning memo, exits signed by each committee member at close, and respects the internal control review limits.