Telus 2014 Annual Report Download - page 47

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47
i) review post-audit or management letters, containing recommendations of
the external auditors and management’s response;
j) review reports of the external auditors; and
k) pre-approve the hiring of employees and former employees of current and
former auditors in accordance with applicable securities laws and TELUS
policies.
Notwithstanding section 4.2(d) above, the Committee may delegate the pre-
approval of audit, audit-related and non-audit services to any one member of the
Committee, provided, however, a report is made to the Committee on any pre-
approval of such services at the Committee’s first scheduled meeting following
the pre-approval.
4.3 Internal Auditors
The internal auditors will report functionally to the Committee and administratively
to the Chief Financial Officer and the Committee will:
a) review and approve management’s appointment, termination or
replacement of the Chief Internal Auditor;
b) review and consider the annual performance objectives, performance
evaluation and compensation treatment of the Chief Internal Auditor;
c) oversee the work of the internal auditors including reviewing and
approving the annual internal audit plan and updates thereto;
d) review the report of the internal auditors on the status of significant
internal audit findings, recommendations and management’s responses
and review any other reports of the internal auditors;
e) review the scope of responsibilities and effectiveness of the internal audit
team, its reporting relationships, activities, organizational structure and
resources, its independence from management, its credentials and its
working relationship with the external auditors; and
f) review and approve the internal audit charter and updates thereto on an
annual basis.
The internal auditors will report quarterly to the Committee on the results of
internal audit activities and will also have direct access to the chair of the
Committee when the internal auditors determine it is necessary.
4.4 Whistleblower, Ethics and Internal Controls Complaint Procedures
The Committee will ensure that the Company has in place adequate procedures
for: