Audit Committee Charter

Audit Committee Charter Audit Committee Charter CONTENTS 1 INTRODUCTION .......................................................................................................... 3 2 AUDIT COMMITTEE .... 3 2.1 Role of Committee . 3 2.2 Additional Functions of Committee......... 3 2.3 Composition ........................................................................................................... 3 2.3.1 Number of Members and Quorum ... 3 2.3.2 Chairman ......... 4 2.3.3 Removal or resignation .................... 4 2.3.4 Committee may invite ...................................................................................... 4 2.3.5 Secretary ......................................... 4 2.4 Frequency and Procedure for Calling of Meetings etc. .......... 4 2.5 Committee Governance ......................... 4 3 DUTIES AND RESPONSIBILITIES .............................................................................. 5 3.1 Internal control ....................................... 5 3.2 Financial Reporting ................................................................ 5 3.3 Compliance with laws and regulations ... 5 3.4 Working with the Auditor ........................................................ 6 3.5 Reporting responsibilities ....................... 6 4 REVIEW ................................................................ 6 AUDIT COMMITTEE CHARTER Page 2 AUDIT COMMITTEE CHARTER 1 INTRODUCTION ...