02. PRISA, A GLOBAL GROUP ANNUAL REPORT 2011 a better legal framework at both a national and European level, ii) to contribute to the development of high standards of corporate governance, iii) to promote communication between companies and their shareholders and iv) to maintain a relationship of dialogue and cooperation with the Administration and, in particular, the National Securities Market Commission (CNMV). dits and ensuring concurrence with the goals of the organization. The Annual Internal Auditing Action Plan will identify all the Internal Audit actions planned for the year. The Plan will describe the activities and projects to be performed, their nature and scope and the resources available to the Internal Audit Department. The Audit Committee will designate the head of the internal audit service, supervise the internal audit services and be cognizant of financial information processes and the internal control systems of the Company as well as all risk management systems. It will liaise with the auditors on relevant weaknesses within the internal control system and in the development of the audit. Internal audit The Company has an Internal Audit Department whose function is to provide the management of PRISA and the Audit Committee with a reasonable degree of certainty that the internal operational control systems within the Group have been correctly designed, implemented and managed. The functions of this Department include: a) The evaluation of internal control systems to improve efficiency in the management and control of risks inherent in the activities of the Group. b) The revision of operations in order to verify that the results achieved concur with the established objectives and that operations and programs are implemented and executed as planned. c) Providing an independent opinion on the interpretation and application of legal accounting codes. d) The evaluation of efficiency in the use of the resources of the Group. e) The revision of measures implemented to safeguard assets and their verification. f) The revision of the accuracy and integrity of the operational and financial information of the companies within the Group and the means employed to identify, evaluate, classify and communicate said information. The Audit Department designs an Annual Internal Auditing Action Plan for the identification and evaluation of the risks inherent in the activities of the business areas of PRISA, establishing priorities for Internal Au32 Independence of the External Auditor Designation of the External Auditor One of the key functions of the Audit Committee is to propose an external accounts Auditor to the Board of Directors, to be approved in the General Shareholders’ Meeting. The Audit Committee must also propose and report to the Board of Directors on the contractual conditions, professional scope and revocation or non-renovation, as the case may be, of External Auditors, in addition to supervising their compliance with the Auditing contract. Relations with the External Auditor The External Auditor and the Audit Committee will communicate on questions that may compromise the independence of the external auditor or any other issues related to the Auditing of company accounts. The Audit Committee shall receive annually from the auditors written confirmation of their independence from the entity or entities linked to it directly or indirectly, and relevant information on any additional services provided to these entities by said auditors, companies, or by persons or entities linked to them in accordance with the provisions of Law 19/1988 of July 12, Auditing of Accounts. The Audit Committee shall deliver annually, prior to the publication of the audit report, a report which