Kashif Sharjil

Cms 28925

SAP ID 7170

Role of audit committee

Audit Committee Assist the board to discharge its responsibility to exercise due care, diligence
and skill in relation to the following areas:

 Reporting of financial information to users of financial reports;

 Application of accounting policies;
 Financial management;
 Internal control system;
 Risk management system;
 Business policies and practices;
 Protection of an entity’s assets;
 Compliance with applicable laws, regulations, standards and best practice guidelines;
 Providing a formal forum for communication between the board of directors and senior
financial management;
 Facilitating communication between the board of directors and the internal and external
auditors;
 Facilitating the maintenance of the independence of the external auditor;
 Providing a structured reporting line for internal audit and facilitating the independence of
the internal auditor (if the entity has an internal audit function)
 Consideration of significant matters that were raised during the audit process.
Role of HRM committee

HR committees may also be tasked to explore, examine, develop, advise, and/or implement:

 Executive performance reviews;

 Executive compensation policies (including obtaining reasonable compensation comparability
data, recommending the compensation and/or bonus amount; and following the rebuttable
presumption of reasonableness procedures);
 Review of pay scales;
 Executive and key management succession planning;
 Review of staffing structures and needs;
 Review of benefits (including health insurance, pension plans, and fringe benefits);
 Diversity initiatives;
 Independent contractor policies;
 Volunteer policies;
 Internship policies;
 Management of union organizing activities;
 Grievance policies;
 Retention of HR consultants and/or labor and employment attorneys.

Business ethics and practices

We commit to serve this nation by consistently providing high quality engineering products
and home appliances to facilitate our citizens. We strive for national interest by fulfilling our
responsibility ethically, providing employment opportunities and making reliable sales.
 

COMMITMENT TO PRINCIPLES, LAWS & CONTRACT

It is an organization of people who are united to achieve common goals and objectives. This
is done with absolute honesty, integrity and fairness. Without any doubt, each individual,
from top to bottom, is responsible for his/her actions.
 
HEALTH AND SAFETY
We make every effort to make it an incident free workplace. Since health and safety is our
top priority, we comply with all health and safety laws. Not only that, it is also part of our
products.

CONSUMER RIGHTS
We deliver what we promise
For us, our customers come first, both internal and external. We persistently deliver our
promises and ensure to fulfill their rights by being honest in our practices.

Stake holders engagement