Audit Committee

All of the members of the Audit Committee are independent, as defined in the New York Stock Exchange Listed Company Manual.

Primary Duties

Hires the independent auditors to audit the consolidated financial statements of Oxy and its subsidiaries
Discusses the scope and results of the audit with the independent auditors
Discusses Oxy's financial accounting and reporting principles and the adequacy of Oxy's internal accounting, financial and operating controls with the auditors and with management
Reviews all reports of internal audits submitted to the Audit Committee and management's actions with respect thereto
Reviews the appointment of the senior internal auditing executive
Oversees all matters relating to Oxy's Code of Business Conduct (PDF) compliance program

Download the Audit Committee Charter (PDF) for a complete description.