To be effective in carrying out its responsibilities, the audit committee should promote open, candid, and ongoing communication with the independent auditors, including during audit planning, as significant matters arise, and at audit completion. A strong communication environment helps ensure that control weaknesses, significant risks, fraud concerns, and other matters relevant to financial reporting and governance are raised promptly and discussed openly with those charged with governance.

Oversight of the Independent Auditor

The audit committee is responsible for overseeing the