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Audit Committee

The Audit Committee is responsible for overseeing the integrity of One Mipham Corporation's financial reporting, internal control systems, risk management frameworks, and the independent audit process. The committee serves as a critical safeguard for shareholders by ensuring transparency, accuracy, and compliance in all financial matters.

Key Responsibilities

  • Oversee the integrity and accuracy of the company's financial statements and related disclosures.
  • Review the adequacy and effectiveness of internal control systems and risk management frameworks.
  • Appoint, compensate, and oversee the work of the independent external auditor.
  • Review and pre-approve all audit and permissible non-audit services provided by the external auditor.
  • Oversee compliance with legal and regulatory requirements related to financial reporting and disclosure.
  • Establish procedures for the confidential, anonymous submission of concerns regarding accounting, internal controls, or auditing matters.