PJSC Aeroflot operates a stringent internal financial control system comprising the Revision Committee, the Audit Committee of the Board of Directors, administrative bodies, Company management and the Internal Audit Department
Aeroflot’s internal control systems are designed to ensure maximum transparency and economic efficiency, as well as full compliance of the Company’s operations with applicable legislation and regulations. The Company also regularly appoints external auditors to assess and confirm the integrity of its financial reporting under both Russian Accounting Standards and International Financial Reporting Standards.
The Internal Audit Department is responsible for evaluating the effectiveness of PJSC Aeroflot’s internal control systems. The Department upholds international professional standards for internal audit and is guided by the principles of independence, objectivity, competence and professionalism.
The Revision Committee exercises oversight of PJSC Aeroflot’s financial and operational activities, to obtain assurance that the Group’s activities meet the interests of shareholders and comply with Russian legislation.
At the «Annual General Meeting of shareholders on 27 June 2016, the following members were elected to PJSC Aeroflot’s Revision Committee: