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CVS Caremark Corporation (CVS)
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CVS » Topics » Purpose

This excerpt taken from the CVS DEF 14A filed Apr 4, 2007.

Purpose

The Audit Committee is created by the Board of Directors of the Company to:

 

  • assist the Board in its oversight of:

 

  • the integrity of the financial statements of the Company;

 

  • the qualifications, independence and performance of the Company’s independent auditor;

 

  • the performance of the Company’s internal audit function;

 

  • compliance with the Company Code of Conduct; and

 

  • compliance by the Company with legal and regulatory requirements; and

 

  • prepare the Audit Committee report that the Securities and Exchange Commission rules require to be included in the Company’s annual proxy statement.

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