Question: Please use your own word and don't copy and paste the anwser from key bank. I have that. landscape, their evolution spans many decades. Today's
landscape, their evolution spans many decades. Today's audit committees reflect SEC recommendations, stock exchange listing requirements, and the mandates of Section 301 of SOX. Required a. Explain the role the audit committee generally assumes with respect to the annual audit conducted by the company's external auditors. b. Identify duties other than those associated with the annual audit that might be assigned to the audit committee by the board of directors. c. Discuss the relationship that should exist between the audit committee and a company's internal audit staff. d. Explain why board members appointed to serve on the audit committee should be outside (independent of management) board members
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