Share Price: 13.6 (+0.74%) Last Update: 01/12/21 10:37:23 GR ENG Cookies settings × MENU Internal Audit SLIDE DOWN INVESTOR RELATIONS -CORPORATE GOVERNANCE CORPORATE GOVERNANCE BOARD OF DIRECTORS INTERNAL AUDIT RISK MANAGEMENT COMMITTEES An internal audit system is defined as the set of rules and procedures that the Company applies for the prevention and suppression of functions and procedures at all levels of the hierarchy and its organizational structure in order to ensure: The legitimacy and security of management and transactions The accuracy and reliability of the published financial statements and any other financial information and communication The efficiency of the operating systems and the operations of the Company The Board of Directors utilizes the internal audit system in order to protect the assets of TERNA ENERGY, to assess the emerging risks and to provide accurate and comprehensive information to the shareholders regarding the Company’s actual standing and prospects as well as how to deal with potential risks. The Board of Directors establishes the internal audit’s framework of operation, approves the procedures for conducting and evaluating its results and decides on the staffing of the competent departments, taking into account the legal and institutional framework in force. To that end, a dedicated internal audit unit has been set up and operates, which is independent and does not belong hierarchically in any other organizational unit. The Internal Audit Unit is supervised by the Audit Committee of the Company, with the assistance of which the Board of Directors assesses the adequacy and efficiency of this Unit and the extent to which its reports are used, regarding the continuous improvement of the Company at all levels and effective risk management. In addition, the Audit Committee maintains direct and regular contact with the legal auditors in order to be systematically informed about the adequacy and reliability of the internal audit systems as well as the accuracy and reliability of financial information. About History Strategy Corporate Governance Board of Directors Code of Conduct Information Security Policy Personal Data Policy Human Rights Policy Cookies Policy RES Sector Human Resources Employment Conditions Career Opportunities ESG CSR Strategy Environment Corporate Governance Community Involvement Social Contribution Caring for Our People Employment Conditions Management Systems Policy Certifications CSR Reports Activities Wind Energy Hydroelectric Projects Pumped Storage Projects Hybrid Projects Solar Energy Biogas Projects & Waste Management Projects’ Map Financial Information Financial Statements Corporate Presentations & Annual Reports Share Capital IR Releases Corporate Presentation Corporate Videos Shareholders' Information Shareholders’ Meetings Dividend Policy Disclosure Procedure for Insiders Transactions’ Disclosure – Regulated Information Corporate Governance Board of Directors Internal Audit Risk Management Committees Financial Calendar The Share Share Info Analyst Coverage Share Price Shareholders’ Structure Corporate Bond TERNA Energy At a Glance Financial Information Summary Frequently Asked Questions Risks Involved with Investing Contact Complaints Submission IR Contact REStories Media Center Corporate News Financial Press Releases Key Financial Figures Event Calendar Presentations Video Gallery Contact Form 85 Mesogeion, 115 26 Athens, GREECE T: +30 210 6968000 F: +30 210 6968098-99 E: info@terna-energy.com © 2020 - 2021 TERNA ENERGY | Site map Designed and Developed by