Board Committees

Responsibilities

The Audit Committee oversees the company's business and reviews its records and documents, examines the company's financial statements and the reports and notes submitted by the auditor, if any, evaluates the effectiveness of the company's risk assessment and internal control systems and the accuracy of financial and administrative reports, reviews management reports and information requested by supervisory authorities, monitors and coordinates the work of external and internal auditors, ensures compliance with the rules of financial and administrative dealings and professional conduct and gives its opinion on them, and prepares reports on its opinion regarding the adequacy of the company's internal control system and on the work it has done.