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Audit Committees and Auditor Independence …

Audit Committees ANDAUDITOR INDEPENDENCEOFFICE OF THECHIEF ACCOUNTANTThe Securities and Exchange Commissionhas not approved this pamphlet and hasexpressed no views on its with the company, itsofficers, directors or significantshareholders. Thus, Audit committeesshould consider whether the companyhas implemented processes that identifysuch prohibited Financial Relationships. Auditcommittees should be aware that certainfinancial relationships between thecompany and the independent auditorare prohibited. These include creditor/debtor relationships, banking, broker-dealer, futures commission merchantaccounts, insurance products andinterests in investment Between the AuditCommittee and the Independent AuditorIndependence Standards Board Standard No.

AUDIT COMMITTEES AND AUDITOR INDEPENDENCE OFFICE OF THE CHIEF ACCOUNTANT The U.S. Securities and Exchange Commission has not approved this pamphlet and has

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