Report of the Audit Commi ee for the year 2021
The external auditor, as part of his review of the company’s final financial statements, evaluates the internal control system, including the accounting system from both the theoretical and applied sides, and provides the company with a report that includes the weaknesses in the system and how to address them. The company’s internal audit unit is under the supervision of the audit committee. Ongoing financial, operational and technical audits to verify the effectiveness and efficiency of the internal control systems in protecting the company’s assets, evaluating work risks and measuring the adequacy of performance. The internal audit unit submits its quarterly reports to the audit committee, which includes The results of the evaluation of the company’s internal control. The annual audit committee report confirmed the effectiveness and quality of the company’s internal control procedures, and it did not identify any major weaknesses in the company’s internal control system during 2021.
