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AUDIT COMMITTEE CHECKERBOARD APPROVED CHARTER Audit Committee Charter Approved by Board:February 4, 2021Prior Approval Date:May 7, 2020I. Purpose of the Audit Committee established by this charter
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Review the current audit committee charter template provided by Valley Bank.
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Customize the charter to meet the specific needs and requirements of Valley Bank.
03
Include key details such as the purpose of the audit committee, membership criteria, meeting frequency, responsibilities, and reporting structure.
04
Review and finalize the charter with input from relevant stakeholders such as board members, external auditors, and legal counsel.
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Once approved, distribute the audit committee charter to all relevant parties and ensure compliance with internal policies and procedures.

Who needs audit committee chartervalley bank?

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Audit committee charter is needed by Valley Bank to establish a formal structure for the audit committee.
02
Board members, executives, internal auditors, external auditors, regulators, and shareholders of Valley Bank may also need access to the audit committee charter for transparency and accountability purposes.
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The audit committee charter for Valley Bank outlines the responsibilities and duties of the committee in overseeing financial reporting and internal controls.
The audit committee of Valley Bank is required to file the audit committee charter.
The audit committee charter for Valley Bank can be filled out by detailing the committee's structure, responsibilities, and procedures.
The purpose of the audit committee charter for Valley Bank is to ensure effective oversight of financial reporting and internal controls.
The audit committee charter for Valley Bank must include details on the committee's composition, meetings, responsibilities, and authority.
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