Audit Committee

Audit Commission.
The Audit Commission is the controller of the Association, which is elected, if necessary, by the General Meeting of the Association’s members in the number of Z persons for a term of 5 years. The Audit Commission of the Association consists of the Chairman of the Audit Commission of the Association and other members of the Audit Commission.

The Audit Commission exercises control over the formation and use of funds and property of the Association, the implementation of decisions of the General Meeting and the Presidium of the Association on these issues.

The Audit Commission:

– monitors the implementation of the annual financial plan (budget) of the Association;

– verifies the activities of the Association, the accuracy and reliability of reporting data, membership and other types of contributions to the Association, compliance with the requirements of its Charter;

– submits reports on financial and economic activities for consideration and approval by the Presidium of the Association and the General Meeting;

– requires the convening of an extraordinary General Meeting or meetings of the Presidium of the Association in the event of a threat to the essential interests of the Association or the detection of abuses committed by officials of the Association.

Meetings of the Audit Commission of the Association are held as necessary, but not less than once a year. Decisions on convening the Audit Commission of the Association are made by the Chairman of the Audit Commission of the Association.

A meeting of the Association’s Audit Committee is valid if more than half of the total number of its members are present. The decision of the Audit Committee of the Association is considered adopted if more than half of the members of the Audit Committee of the Association present at the meeting voted for it. Voting at a meeting of the Audit Committee of the Association may take place using electronic means of communication, including remotely, as well as other technical means not prohibited by law. 

Members of the Audit Commission have the right to participate in meetings of the Presidium with the right to an advisory vote.

Composition of the Audit Committee of the Association:

Oleksandr Serhiyovych Samokhval, Deputy General Director of LLC “NTK Enpaselectro”;

Govorova Zoya Anatoliivna, Deputy Chief Accountant of LLC “IVK “SGEM”

Vitaliy Mykolayovych Ostapchuk, Head of the Tender Procurement Organization Department of the Consortium “NPO “Ukrhydroenergobud”