The CAE reports directly to the CFO for administrative purposes. For purposes of governance, an advisory relationship is established is established between the IAD and the audit committee of the board of directors. These relationships, however, whether direct reporting or advisory, are flexible, depending on the management styles of individual managers. At present, The Schwan Food Company’s audit committee chairman is very much a “hands on” chairman and views his relationship with the department to be as direct as the CFO relationship.