an audit committeemust be comprised of "outside" members that sit on the board ofdirectors,...an...

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Accounting

an audit committeemust be comprised of "outside" members that sit on the board ofdirectors, must be "financially literate" and have at least one"financial expert". With this in mind I want you to find a publiclytraded company and review their audit committee. Pick whatevercompany you wish! Please report as your discussion topic thefollowing:
Company you selected (along with company url)
Names of individuals on the audit committee
Which member of the audit committee would you consider to be the"financial expert", why?
Do you think the audit committee is "financially literate" - whyor why not?
Is the audit committee comprised of solely "outside" members?Why do you think this is important?
(OPTIONAL): Do you see any potential conflicts of interest orissues with the audit committee you reviewed?

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Company Selected General Motors httpswwwgmcom Individuals on the Audit Committee 1 Thomas M Schoewe 2 Linda R Gooden 3 Michael Mullen I would consider Linda R Gooden to be financial expert in the audit committee since in the past she has worked at several critical leadership positions and has extensive background in IT See Answer

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In: Accountingan audit committeemust be comprised of "outside" members that sit on the board ofdirectors,...an audit committeemust be comprised of "outside" members that sit on the board ofdirectors, must be "financially literate" and have at least one"financial expert". With this in mind I want you to find a publiclytraded company and review their audit committee. Pick whatevercompany you wish! Please report as your discussion topic thefollowing:Company you selected (along with company url)Names of individuals on the audit committeeWhich member of the audit committee would you consider to be the"financial expert", why?Do you think the audit committee is "financially literate" - whyor why not? Is the audit committee comprised of solely "outside" members?Why do you think this is important?(OPTIONAL): Do you see any potential conflicts of interest orissues with the audit committee you reviewed?