296.03 INFORMATION REQUIRED FROM AUDITORS.

   Generally accepted auditing standards require that auditors communicate the following information to the Audit Committee:

   (a)   The auditor's professional responsibility under generally accepted auditing standards;

   (b)   Selections of accounting policies;

   (c)   Sensitive accounting estimates;

   (d)   Significant audit adjustments;

   (e)   Disagreements with management; and

   (f)   Difficulties encountered in performing the audit.

(Ord. 182-98. Passed 10-26-98.)