In addition to the committee itself, it is important for the board, the executive officers, and other stakeholders to have a correct understanding about the committee's responsibilities and limitations.Audit Committee Annual Self-Evaluation Form David W. Tate, Esq., <a href="http://davidtate.us,">http://davidtate.us,</a> 10.25.09, Page 4 of 11 -Selection of the outside auditor; audit planning; review of the performance of the outsi