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ADVISORY AUDIT COMMITTEE Purpose and Scope of Authority The Advisory Audit Committee (Committee) is established to provide advice to the Comptroller of the State of New York in his roles as Administrative

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What is audit committee charter guidance?

Audit committee charter guidance is a set of principles, best practices, and recommendations designed to provide guidance to audit committees in fulfilling their responsibilities and carrying out their duties effectively.

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All publicly traded companies are required to file audit committee charter guidance as part of their regulatory reporting obligations.

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The purpose of audit committee charter guidance is to promote transparency, accountability, and effective governance practices within organizations by providing guidance on the roles, responsibilities, and composition of audit committees.

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