Sec. 301 Public company audit committees
上市公司审计委员会

Within 270 days after the date of enactment, the SEC shall issue rules directing the national securities exchanges and national securities associations to prohibit the listing of any security for any issuer that doesn't have an audit committee, provided that there is a reasonable opportunity to cure defects prior to such prohibition.
在本法案实施270天之内，证券交易委员会应当向全国性的证券交易所和证券协会颁布规则，禁止未设立审计委员会的任何公司在任何交易所上市交易，除非有合理的机会能够使这类不足能够被禁止交易之前得到解决。

An audit committee, in its capacity as a committee of the board of directors, shall be directly responsible for the appointment, compensation, and oversight of the work of any registered public accounting firm employed by that issuer (including resolution of disagreements between management and the auditor regarding financial reporting) for the purpose of preparing or issuing an audit report or related work. The registered public accounting firm shall report directly to the audit committee.
审计委员会因其是由董事会成员组成的委员会，应当直接负责为上市公司指定、偿付和监督备案登记的注册会计师事务所的编制、发布审计报告和其他相关工作。备案登记的注册会计师事务所应当直接向审计委员会报告。

Each member of the audit committee of the issuer shall be a member of the board of directors of the issuer, and shall otherwise be 'independent.' To be considered 'independent,' a member of an audit committee shall not: (1) accept any consulting, advisory, or other compensatory fee from the issuer; or (2) be an affiliated person of the issuer or any subsidiary. (The SEC is granted authority to make exemptions.)
Each audit committee shall establish procedures to: (1) receive, retain, and treat complaints; (2) handle whistleblower information regarding questionable accounting or auditing matters.
Each audit committee shall have the authority to engage independent counsel and other advisors.
Each issuer shall provide for appropriate funding, as determined by its audit committee, for payment of compensation to: (1) the registered public company accounting firm for audit reports; and (2) any independent counsel or advisor retained by the audit committee.
审计委员会的每一个成员均应是上市公司董事会成员，或者应当"独立"。"独立"是指其不应当：（1）接受上市公司的任何咨询、顾问或其他报酬；或（2）是上市公司或其下属机构的关联人员（除非获得证券交易委员会的豁免）。
每个审计委员会成员均应建立下列程序，来：（1）接待、获取和处理投诉；（2）处理揭发者提供的有关有疑问的会计与审计事务的信息。
每一个审计委员会都有权聘用独立律师或其他顾问。
每一个上市公司要提供由审计委员会确定的资金支持，用以偿付：（1）编制审计报告的备案登记的注册会计师事务所；和（2）审计委员会聘请的独立律师或顾问。