Internal audit

At HKScan, the internal audit is a management tool for the accomplishment of supervision. In addition to this, the Company’s lawyer especially ensures that the operations are lawful. He reports directly to the CEO of the Company.

At the end of 2010, an internal audit development project was started. In accordance with the decision of the Board of Directors, internal auditing was carried out in 2011 with an external partner using the so-called co-sourcing model. The aims of internal auditing are integrally linked with the Company’s management system built on a principle of ongoing improvement. The implementation of corrective and preventative measures is a key part of the function of the entire process.