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Edgar Filing: RYERSON TULL INC /DE/ - Form DEF 14A

The Audit Committee has received the written disclosures and the letter from the independent accountants required by Independence Standards Board Standard No. 1 (Independence Standards Board Standard No. 1, Independence Discussions with Audit Committees), and has discussed with the independent accountant the independent accountant s independence. In addition, the Audit Committee has considered whether the independent accountant s provision of services described above under the headings Financial Information Systems Design and Implementation Fees and All Other Fees is compatible with maintaining the independent accountants independence.

Based on the review and discussions referred to above, and in reliance upon the opinions, information, reports or statements presented to the Audit Committee by Company management, its internal auditors and its independent auditors, the Audit Committee recommended to the Board of Directors that the audited financial statements be included in the Company s Annual Report on Form 10-K for the fiscal year ended December 31, 2002.

This Audit Committee Report is not deemed filed with the Securities and Exchange Commission.

Gregory P. Josefowicz, Chairman

Richard G. Cline

Gary L. Crittenden

Ronald L. Thompson

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