Ural Vagon Zavod Launches Internal Audit

UrBC, Yekaterinburg, March 29, 2016. Ural Vagon Zavod Corporation’s head plant in Nizhniy Tagil held an auditors’ meeting, the company press service reports.

The workshop was attended by internal auditors from fifteen of the corporation’s member enterprises, including UVZ-Logistik (Moscow), TzNIIM (Saint Petersburg), Electromachines (Chelyabinsk), Plant 9 (Yekaterinburg), and Ural Vagon Zavod (Nizhniy Tagil). This was one of the steps on the way to introducing an internal audit system at Ural Vagon Zavod Scientific & Production Corporation.

For two days, the auditors looked into the way internal audit had been introduced at the head plant and elaborated the strategy for launching the system at the corporation’s daughter enterprises and affiliated companies. The second day was dedicated to practical issues related to planning and timing of audit procedures and to the methods available for these procedures, as well as to writing reports and to taking remedial action. In the end, all the participants were given practical and methodological advice on how to file documents and deal with possible problems.

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