The Audit Committee reviews financial reporting, accounting practices and internal control functions.
The Committee also reviews risk management policy, officers' and directors' expenses, compliance with appropriate policies and the Code of Business Conduct, and legal compliance matters. The Committee is solely responsible for the selection, retention and compensation of independent auditors, and it approves the scope of both independent and internal audits.
Audit Committee Charter
The charter covers the organization, basic function and purpose, and responsibilities of the Audit Committee.