Company: HCTI
Filing Date: 2025-03-07
Form Type: DEF 14A
Source: 0001213900-25-021346
Chunk: 15

Company: Healthcare Triangle, Inc.
Filing Date: 2025-03-07
Form: DEF 14A
Chunk 15
---
 Board of Directors, as defined in Section 3(a)(58)(A) of the Securities Exchange Act of 1934, as amended (“ Exchange Act”). The audit committee is currently comprised of three independent directors: Ronald McClurg, Jainal Bhuiyan, Dave Rosa. Mr. McClurg is the Chair of our audit committee. Our Board of Directors have determined that each of the members of our audit committee is “independent” within the meaning of the rules of the Nasdaq and the SEC, including for audit committee purposes, and that each of the members of our audit committee is financially literate and has accounting or related financial management expertise, as such qualifications are defined under the rules of the Nasdaq. In addition, our Board of Directors has determined that Mr. McClurg is an “audit 10 committee financial expert” as defined by the SEC. Our audit committee operates under a written charter. Our audit committee assists our Board of Directors in its oversight of our accounting and financial reporting process and the audits of our financial statements. Our audit committee’s responsibilities include: •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 -partytransactions; •inquiring and discussing with management our compliance with applicable laws and regulations; •pre -approvingall audit services and permitted non -auditservices 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. Report Of The Audit Committee