text: **Principle 4: Safeguard Integrity in Financial Reporting**
  
  **4.1 Audit and Risk Management Committee**
  The Audit and Risk Management Committee has three members, D Hannes (chairman), M D Hannell, and N Martin, all whom 
  are independent Non-Executive Directors. The Managing Director and Chief Executive Officer as well as the Chief Financial Officer 
  are non-voting management representatives who advise the committee as appropriate. 
  
  The objectives of the Audit and Risk Management Committee is to assist the Board in: 
  Ensuring the quality of financial controls is appropriate to Sundance; 
  
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  • Making informed decisions regarding accounting , policies, practices and disclosures; 
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  • Maintaining open lines of communication between the Board, management and external auditors, thus enabling 
  Reviewing the adequacy of the accounting and reporting systems; 
  Reviewing matters of significance affecting the financial welfare and risk exposure of Sundance; 
  Reviewing the scope and results of external and internal audits; 
  
  information and points of view to be freely exchanged; and 
  • Meeting its compliance obligations imposed by the energy regulators. 
  
  The specific attributes of the Audit and Risk Management Committee members that are relevant to this committee include 
  financial acumen, technical industry knowledge, experience in risk management and oversight. The Audit and Risk Management 
  Committee meets at least three times a year and the external auditor, Managing Director and Chief Financial Officer are invited 
  to attend the meetings, at the discretion of the Audit and Risk Management Committee. The committee keeps minutes of 
  meetings, which are submitted to the full Board for review. 