Internal Control and Risk Management System

• 4.1 Main Documents Regulating the Internal Control and Risk Management System
• 4.2 Participants of the Internal Control and Risk Management System. Delineation of Responsibilities
• 4.3 Enhancement of the Internal Control and Risk Management System
• 4.4 Key Risks and Actions for their Minimization
• 4.5 Organization of Internal Control and Risk Management

Organization of Internal Control and Risk Management

Data on results of control events

In 2010, internal audit checks of branches of JSC "Lenenergo" were conducted:

• Accounting of fixed assets and other assets, shortages, losses and plunders
• Accounting of calculations with suppliers and contractors
• Accounting of profits and losses
• Accounting of write-off and use of petroleum products; , losses and plunders
• Accounting of cash operations
• Accounting of calculations under VAT
• Registrations of primary registration documents on accounting of work and its payment

Based on the results of the audit plans have been developed on the elimination of the remarks in the branches of the Company.