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  "documentTitle": "Cintas Corp. (CTAS)",
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  "authorName": "Ben Axler",
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  "presentationDate": "2019-11-13 00:00:00",
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      "kind": "callout",
      "text": "Cintas Made Changes To Its Audit Committee Charter, But Investors Cannot Evaluate What Changes Were Made",
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      "kind": "callout",
      "text": "Cintas Still Has It’s Old Audit Charter On Its Website",
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      "text": "Cintas has reported making “minor changes” to its Audit Committee Charter in early 2019, yet has not updated the document on its website. However, all other committee charter documents have been updated. Shareholders should not be kept in the dark as to what these changes were.",
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      "kind": "paragraph",
      "text": "7. COMMITTEE MEMBER DEVELOPMENT AND PERFORMANCE REVIEW (1) The Chair shall coordinate orientation and continuing director development programs relating to this Charter for Audit Committee members. (2) At least annually, the Audit Committee shall evaluate and review the performance of the Audit Committee and the adequacy of this Charter. This review will be undertaken in consultation with the Nominating and Corporate Governance Committee of the Board. 8. CURRENCY OF THE AUDIT COMMITTEE CHARTER This Charter was re-affirmed by the Audit Committee on January 8, 2018 and by the Full Board on January 9, 2018.",
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      "text": "(i) reviewed and monitored the progress and results of the testing of internal control over financial reporting pursuant to Section 404 of SOX, reviewed a report from management and internal audit regarding the design, operation and effectiveness of internal control over financial reporting and reviewed an attestation report from the independent registered public accounting firm regarding the effectiveness of internal control over financial reporting; and (j) examined the Audit Committee Charter to determine compliance by Cintas and the Audit Committee with its provisions and to determine whether any revisions to the Charter were advisable. The Cintas Audit Committee Charter was approved at the January 9, 2019 Audit Committee Meeting. Only minor changes to the Charter were required.",
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      "text": "Cintas has reported making “minor changes” to its Audit Committee Charter in early 2019, yet has not updated the document on its website. However, all other committee charter documents have been updated. Shareholders should not be kept in the dark as to what these changes were.",
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      "kind": "quote",
      "text": "The Cintas Audit Committee Charter was approved at the January 9, 2019 Audit Committee Meeting. Only minor changes to the Charter were required. — Cintas Audit Committee Charter",
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      "text": "Source: Proxy Statement and Audit Committee Charter",
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      "text": "Mysterious Audit Charter Changes Made",
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