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Investor FAQs
Financial Accountability
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Q:
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What is the role of the Board of Directors with regard to financial accountability at Altria Group? |
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The Altria Group Board of Directors provides oversight to help foster the long-term success of the Company, while Altria Group management sets policies and procedures that require our businesses be run with a commitment to integrity. The Audit Committee assists the Board in monitoring Altria Group's financial reporting processes and systems of internal accounting control, the independence and performance of Altria Group's independent auditors, the performance of the internal auditors, and the Company's compliance with legal and regulatory requirements.
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Who is responsible for overseeing Altria Group's disclosure controls and procedures for financial reporting and for monitoring the effectiveness of its internal controls? |
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Altria Group's Disclosure Controls Committee oversees Altria Group's disclosure controls and procedures for financial reporting and reviews Altria Group's financial filings and disclosures. The Corporate Audit department provides senior management and the Audit Committee of Altria's Board of Directors with assessments of the adequacy and effectiveness of the financial/operational systems and controls in place across Altria and its operating companies.
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What processes are in place to help Altria Group drive these policies and procedures throughout the various operating companies? |
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We have had financial policies and procedures in place for many years which are regularly updated. Employees are trained in these policies and procedures, and the Corporate Audit department monitors compliance with these policies. |
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Indices
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DJIA
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7,997.28
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NASDAQ
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1,386.42
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S&P 500
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806.58
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Investor FAQsOther FAQs
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