Company: RFMZ
Filing Date: 2025-08-26
Form Type: DEF 14A
Source: 0001398344-25-016671
Chunk: 26

Company: RiverNorth Flexible Municipal Income Fund II, Inc.
Filing Date: 2025-08-26
Form: DEF 14A
Chunk 26
---
 the Audit Committee reviewed and discussed with management and the independent accountant (Cohen & Company, Ltd. (“Cohen”) in the case of RIV, RMI, RMM, RMMZ, RFM and RFMZ, and KPMG LLP (“KPMG”) in the case of RSF and OPP) for each Fund, the audited financial statements of each respective Fund as of and for each Fund’s fiscal year end, and discussed the audit of such financial statements with each Fund’s independent accountants.

In addition, the Audit Committee discussed with each Fund’s independent registered public accounting firm the accounting principles applied by each Fund and such other matters brought to the attention of the Audit Committee by the independent registered public accounting firm required by Auditing Standard 1301, Communications with Audit Committees, as adopted by the Public Company Accounting Oversight Board (“PCAOB”). The Audit Committee also received from each Fund’s independent registered public accounting firm the written disclosures and letters required by PCAOB Rule 3526, Communication with Audit Committees Concerning Independence, and discussed the relationship between the independent registered public accounting firm and each Fund and the impact that any such relationships might have on the objectivity and independence of the independent registered public accounting firm.

<div align='center'>24</div>

As set forth above, and as more fully set forth in the Audit Committee Charter, the Audit Committee has significant duties and powers in its oversight role with respect to each Fund’s financial reporting procedures, internal control systems and the independent audit process.

The members of the Audit Committee are not, and do not represent themselves to be, professionally engaged in the practice of auditing or accounting and are not employed by each Fund for accounting, financial management or internal control purposes. Moreover, the Audit Committee relies on and makes no independent verification of the facts presented to it or representations made by management or the respective Fund’s independent registered public accounting firm. Accordingly, the Audit Committee’s oversight does not provide an independent basis to determine that management has maintained appropriate accounting and/or financial reporting principles and policies, or internal controls and procedures designed to assure compliance with accounting standards and applicable laws and regulations. Furthermore, the Audit Committee’s considerations and discussions referred to above do not provide assurance that the audits of each Fund’s financial statements have been carried out in accordance with generally accepted accounting standards or that the financial statements are presented in accordance with generally accepted accounting principles.

The Audit Committee’s review and discussions of the audited financial statements of the Funds for each Fund’s fiscal year end with management and each Fund’s independent registered