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The Auditing Committee of the Association

6.1. The Auditing Committee is the controlling body of the Association and is elected by the General Assembly for a four-year term.

6.2. Members of the Administrative Board and staff of the Association cannot be elected to the Auditing Committee.

Members of the Auditing Committee have the right to demand from leaders and members of the Association of all requested documents relating to the statutory, financial and business activities of the Association.

6.3. The Auditing Committee:

  • elects Chairperson from its members for a four-year term;
  • performs annual audits of business and financial activities of the Association;
  • supervises the observance of this Charter and current legislation in the activity of the Association;
  • results of the audits are presented by the Auditing Committee one time a year to the Administrative Board to make appropriate decisions on their basis, as well as one time in two years in a form of report for the approval of the General Assembly of the Association.

6.4. Chairperson of the Auditing Committee participates in the meetings of the Administrative Board of the Association with a right of consultative voice.

6.5. By decision of the Administrative Board independent audit organisations can be contracted for auditing financial and business activity of the Association.

Address of Yuri P. Pokholkov