Internal audit
The Internal Audit Service (hereinafter - IAS) is a body of the Company’s Board of Directors that ensures the organisation and implementation of internal audit in the Company, directly subordinated and accountable to the Board of Directors and supervised by the Audit Committee.
The IAS operates in accordance with the Regulations on the Internal Audit Service and Annual Audit Plans of Kazakhtelecom JSC.
In its activities, the Service is guided by the principles of independence, objectivity, competence and professional attitude to work, quality standards and standards of internal auditors’ activities established by the International Professional Standards for Internal Auditing of the Institute of Internal Auditors. In accordance with Standard 1110 (Organisational Independence), the IAS complies with organisational independence.
As part of its core activities in 2023, in accordance with the Annual Audit Plan and the instructions of the Board of Directors, the Service carried out 16 audit events, the plan was fulfilled by 107%.
Based on the results of an independent external assessment of the IAS activities conducted by KPMG, it was confirmed that the IAS activities comply with the requirements of the International Standards for the Professional Practice of Internal Auditing in all material aspects. Based on the assessment results, compliance with the Standards’ requirements, the IAS compliance rate made 98%.
