Core Points - The company establishes an Audit Committee to enhance decision-making and ensure effective supervision of the management team [1][2] - The Audit Committee consists of three directors, including two independent directors, with one being a professional accountant [2][3] - The main responsibilities of the Audit Committee include reviewing financial information, supervising internal and external audits, and evaluating internal controls [4][5] Group 1: Committee Structure - The Audit Committee is a specialized body under the Board of Directors, responsible for auditing and financial oversight [1][2] - The Chairperson of the Audit Committee is an independent director with accounting expertise [2][3] - The term of the Audit Committee members aligns with that of the Board of Directors, allowing for re-election unless disqualified [3][4] Group 2: Responsibilities and Powers - The Audit Committee supervises and evaluates the work of external auditors and internal audit functions [4][5] - It is responsible for reviewing the company's financial information and ensuring its accuracy and completeness [4][5] - The Committee must approve certain actions, such as the hiring or firing of external auditors and significant accounting policy changes, before they are submitted to the Board [4][5] Group 3: Meeting Procedures - The Audit Committee is required to meet at least quarterly, with provisions for special meetings as needed [9][12] - A quorum for meetings requires the presence of at least two-thirds of the members [12][13] - Decisions made by the Committee must be documented and reported to the Board of Directors [15][36]
大中矿业: 董事会审计委员会工作细则