SkyWest Airlines 2015 Annual Report Download - page 154

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52
• Based on EY’s experience, and their knowledge of the Company, has the Company implemented internal
controls and internal audit procedures that are appropriate for the Company?
• During the course of the applicable year, has EY received any communication or discovered any
information indicating any improprieties with respect to the Company’s accounting and reporting
procedures or reports?
The Audit and Finance Committee has also discussed with EY that they are retained by the Audit and Finance
Committee and that they must raise any concerns about the Company’s financial reporting and procedures directly with
the Audit and Finance Committee. Based on these discussions and its discussions with management, the Audit and
Finance Committee believes it has a basis for its oversight judgments and for recommending that the Company’s audited
financial statements be included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2015.
What has the Audit & Finance Committee done with regard to the Company’s audited financial statements for
the year ended December 31, 2015?
The Audit and Finance Committee has:
• Reviewed and discussed the Company’s audited financial statements with the Company’s management;
and
• Discussed with EY the matters required to be discussed by applicable standards of the Public Accounting
Oversight Board.
Has the Audit and Finance Committee considered the independence of the Company’s independent registered
public accounting firm?
The Audit and Finance Committee has received from EY the written disclosures regarding EY’s independence
required by PCAOB Ethics and Independence Rule 3526, Communication with Audit Committees Concerning
Independence, and has discussed with EY their independence. The Audit and Finance Committee has concluded that EY
is independent from the Company and its management.
Has the Audit and Finance Committee made a recommendation regarding the audited financial statements for
the year ended December 31, 2015?
Based upon its review and the discussions with management and the Company’s independent registered public
accounting firm, the Audit and Finance Committee recommended to the Board that the audited consolidated financial
statements for the Company be included in the Company’s Annual Report on Form 10-K for the year ended
December 31, 2015.
Does the Audit and Finance Committee provide a periodic report of its activities to the Board?
The Audit and Finance Committee provides reports of its activities at each regularly scheduled Board meeting.
Has the Audit and Finance Committee reviewed the fees paid to the Company’s independent registered public
accounting firm during the year ended December 31, 2015?
The Audit and Finance Committee has reviewed and discussed the fees paid to EY during the year ended
December 31, 2015, for audit, audit-related, tax and other services, which are set forth below under “Fees Paid to