-
4
pages
-
English
-
Documents
Description
G&K SERVICES, INC. AUDIT COMMITTEE OF THE BOARD OF DIRECTORS CHARTER I. PURPOSE The primary function of the Audit Committee (the “Committee”) is to assist the Board of Directors (the “Board”) of G&K Services, Inc. (the “Corporation”) in fulfilling its oversight responsibilities by reviewing the integrity of financial reports and other financial information provided by the Corporation to any governmental body or the public; the Corporation’s systems of internal controls regarding finance, accounting, legal compliance, and ethics that management and the Board have established; and the Corporation’s auditing, accounting and financial reporting processes. Consistent with this function, the Audit Committee should encourage continuous improvement of, and should foster adherence to, the corporation’s policies, procedures and practices at all levels. The Committee’s primary duties and responsibilities are to: • Serve as an independent and objective party to monitor the Corporation’s financial reporting process and internal control system. • Review and appraise the audit efforts of the Corporation’s independent accountants and internal audit department. • Provide an open avenue of communication among the independent accountants, financial and senior management, the internal audit department, and the Board. The Committee has the authority to obtain services and assistance from outside legal, accounting or other advisors as deemed appropriate ...
-
Publié par
-
Langue
English