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BOARD OF TRUSTEESAudit & Compliance Committee Wednesday, September 8, 2021 12:30 PM 1:30 PM Florida Polytechnic University WEBEX TELECONFERENCE MEETING Dial in: 14156550001 | Access code: 161 104
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The audit committee in a state is a group of individuals responsible for overseeing the financial reporting and audit process of a company or organization.
Publicly traded companies are typically required to have an audit committee in place.
To fill out an audit committee in a state, companies must ensure they have a diverse group of qualified individuals who can oversee the financial reporting process.
The purpose of an audit committee in a state is to provide independent oversight of the financial reporting process and ensure compliance with regulations.
The audit committee in a state must report on the financial statements, internal controls, and auditor independence.
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