Overall purpose/objectives

The Audit Committee is appointed by the Board to assist the Board in discharging its responsibilities in the areas of financial reporting, internal audit and risk management. The Audit Committee oversees the accounting and financial reporting process and the audits of the financial statements of the Company to ensure the balance, transparency and integrity of published financial information.

The Audit Committee Oversight includes:

• the effectiveness of the Company's financial controls and risk management system;
• the effectiveness of the internal audit function;
• the independent audit process including recommending the appointment and assessing the performance of the external auditor;
• and the Company's process for monitoring compliance with laws and regulations affecting financial reporting and, if applicable, its code of business conduct.

In performing its duties, the Committee will maintain effective working relationships with the Board, management, and the external and internal auditors.

To review the Audit Committee Internal Regulations, please click here.