This excerpt taken from the ELNK DEF 14A filed Mar 30, 2006.
Auditor) shall ultimately be accountable to the Committee, as representatives of the Companys stockholders. The Committee shall be accountable and responsible to the full Board.
The Committees primary responsibilities and duties are to:
· Serve as an independent and objective party to monitor the integrity of the Companys financial reporting process and internal control systems;
· Review and appraise the audit efforts of the Companys Auditor and internal auditing department; and
· Provide open channels of communication among the Companys Auditor, financial and senior management, the internal auditing department and the Board.
The Committee will primarily fulfill these responsibilities by carrying out the activities enumerated in the Responsibilities and Duties section of this Charter.