SEC rules prohibit KPMG, including its Covered
Persons, from having certain business and employment
relationships with audit clients and their affiliates. We
require audit engagement teams to make written inquiries of
the SEC audit client’s directors and officers about certain
relationships they, their spouse or spousal equivalent, and
dependents may have with KPMG, to confirm prohibited
relationships with KPMG are not present. Sometimes clients
do not include the relationships their spouse or spousal
equivalent and dependents may have, so inquiring of our
clients about their inclusion can mitigate against missing
details within the questionnaires received. These
questionnaires should be signed by client directors and
officers after year-end to avoid required follow-ups.