Internal Audit Unit

Duties and Responsibilities of the Internal Audit Unit

• Prepare and implement the audit plan that has been approved.
• Test and evaluate the implementation of internal control and risk management in accordance with the Company’s policies.
• Conduct audits and assessments of efficiency and effectiveness in finance, accounting, operations, human resources, marketing, information technology, and carry out special examinations when necessary.
• Evaluate compliance with and the effectiveness of existing standard operating procedures, and provide recommendations for improvement.
• Carry out special investigations assigned by the Board of Commissioners, the Audit Committee, and/or the President Director as required.
• Provide improvement suggestions and objective information on all audited activities at all levels of management.

Authorities of the Internal Audit Unit

• Have unrestricted access to all departments, offices, affiliates, activities, records, books, accounts, information, systems, properties, and personnel within the company that are relevant to the performance of audit functions at any time.
• Obtain necessary assistance from personnel across departments, offices, and affiliates within the unit where the audit team is conducting audits.
• Obtain assistance from specialists, professionals, and others deemed necessary from within or outside the company.
• Communicate directly with the Board of Commissioners, the Board of Directors, and/or the Audit Committee, as well as members of the Board of Commissioners, the Board of Directors, and/or the Audit Committee.
• Hold regular and incidental meetings with the Board of Commissioners, the Board of Directors, and/or the Audit Committee.
• Coordinate with the activities of the external auditor.