KAMAZ has successfully passed an external independent assessment of the internal audit function. It was initiated in accordance with the requirements of the International Standards for the Professional Practice of Internal Auditing of the Institute of Internal Auditors and the Internal Audit Policy approved by the Concern Board of Directors.

During the assessment, the experts reviewed all aspects of activities of the KAMAZ internal audit service. They organized interviews with the heads of business units where the audits were conducted, interviewed the top management of the auto giant and analyzed the application documents and working materials regulating the internal audit activities based on the results of the audits.

The experts also provided recommendations on the transition to new International Standards of Internal Auditing, which will enter into force in 2025.

NAPI (National Industrial Information Agency)