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BP » Topics » Auditor independence and rotation

This excerpt taken from the BP 20-F filed Jun 13, 2006.

Auditor independence and rotation

        The committee reviews on behalf of the board the independence, objectivity and viability of the auditors before an appointment recommendation is made to shareholders at the AGM. A new lead audit partner is appointed every five years and other senior audit staff are rotated every seven years.

This excerpt taken from the BP 20-F filed Jun 30, 2005.

Auditor independence and rotation

        The committee reviews on behalf of the board the independence, objectivity and viability of the auditors before an appointment recommendation is made to shareholders at the AGM. A new lead audit partner is appointed every five years and other senior audit staff are rotated every seven years.

EXCERPTS ON THIS PAGE:

20-F
Jun 13, 2006
20-F
Jun 30, 2005

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