Functions of the Audit Commission and the Internal Control and Audit Department
In accordance with the Master plan of control measures of the State Atomic Energy Corporation ROSATOM, eight audits were carried out on certain financial and economic activities, as well as Review audits in the Company and its subsidiaries and affiliates and an audit of compliance with the licence of Rostechnadzor № GN-05-401-1638.
The Internal control and audit department participated in two centralised audits of the State Atomic Energy Corporation ROSATOM organisations.
Following the instructions from the Company's Director General four unscheduled audits have been carried out in subsidiaries and one audit of the information received on the 'hotline' – following the instructions from the Internal control and audit department of the State Atomic Energy Corporation ROSATOM.
Based on the results of all controlling measures and audits, plans have been developed for corrective measures that took into account all the comments and suggestions.
Based on the results of the desk audits, carried out by the Internal control and audit department, it has been ascertained that the scheduled corrective measures have been implemented.
In the reporting period there have been no cases of the third parties discovering major breaches after the audit carried out by the Department for Internal control and audit.
In accordance with the Master plan of control measures of the State Atomic Energy Corporation ROSATOM, the following activities were planned for the first six months of 2012: audits of seven JSC "TECHSNABEXPORT" affiliates, internal audit of the accounting process "Accounting of the distribution of products/goods" in JSC "TECHSNABEXPORT", audit of the process of the public annual report preparation, as well as a centralised audit of how efficiently the money allocated for the social development is being spent.