The Auditing Commission is a permanently elected body for internal control of Kubanenergo PJSC, which exercises periodic monitoring over the financial and economic activities of the Company, its separate subdivisions, officials of the management bodies and structural branches of the Company executive office through the following documentary and actual inspections:legality, economic feasibility and efficiency (expediency) of business and financial operations performed by the Company in the audited period;completeness and correctness of reflection of the business and financial transactions in the Company’s documents.
The tasks of the Company’s Auditing Commission are to exercise:
- control over the financial and economic activities of the Company;
- independent assessment of the reliability of data contained in the Company’s annual report, annual financial statements.
The Auditing Commission acts in the interests of the Company’s shareholders, and its activities are accountable to the General Meeting of Shareholders. In the course of general performance, the Commission is independent of the officials, management bodies and heads of structural divisions of the executive office of the Company.
The Auditing Commission be governed by the laws of the Russian Federation, the Charter of Kubanenergo PJSC and the Regulation for the Auditing CommissionThe Regulation for the Auditing Commission of Kubanenergo PJSC is published on the website — section ’About Us/Constituent and internal documents..