Company: LRHC
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001213900-25-032211
Chunk: 1979

Company: La Rosa Holdings Corp.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 6
Chunk 1979
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’s financial
sophistication. Our Board has determined that Ms. Felix. qualifies as an “Audit Committee financial expert,” as defined under
rules and regulations of the SEC. Currently, all members of our Audit Committee meet the applicable independence requirements under Nasdaq
Rules and Rule 10A-3 of the Exchange Act.

The responsibilities of the
Audit Committee are included in a written charter. The Audit Committee acts on behalf of our Board in fulfilling our Board’s oversight
responsibilities with respect to our accounting and financial reporting processes, the systems of internal control over financial reporting
and audits of financial statements and reports and also assists our Board of Directors in its oversight of the quality and integrity of
our financial statements and reports and the qualifications, independence and performance of our independent registered public accounting
firm. For this purpose, the Audit Committee performs several functions. The Audit Committee’s responsibilities include, among others,
the following:

    ●
    reviewing and discussing with management and the independent auditor the annual audited financial statements, and recommending to the board whether the audited financial statements should be included in our annual disclosure report;

    ●
    discussing with management and the independent auditor significant financial reporting issues and judgments made in connection with the preparation of our financial statements;

    ●
    discussing with management major risk assessment and risk management policies;

    ●
    monitoring the independence of the independent auditor;

    ●
    verifying the rotation of the lead (or coordinating) audit partner having primary responsibility for the audit and the audit partner responsible for reviewing the audit as required by law;

    ●
    reviewing and approving all related-party transactions;

    ●
    inquiring and discussing with management our compliance with applicable laws and regulations;

    ●
    pre-approving all audit services and permitted non-audit services to be performed by our independent auditor, including the fees and terms of the services to be performed;

    ●
    appointing or replacing the independent auditor;

    ●
    determining the compensation and oversight of the work of the independent auditor (including resolution of disagreements between management and the independent auditor regarding financial reporting) for the purpose of preparing or issuing an audit report or related work;

    ●
    establishing procedures for the receipt, retention and treatment of complaints received by us regarding accounting, internal accounting controls or reports which raise material issues regarding our financial statements or accounting policies; and

    ●
    approving reimbursement of expenses incurred by our management team in identifying potential target businesses.

60

Compensation Committee

Our Compensation Committee is