|
Established Risk Management Framework enables Powertek Group
to have a structured ongoing process to identify principal
business risks in critical areas, assessing the likelihood
and impact of such material risk exposures and determining
its corresponding risk mitigation and treatment measures.
The Risk Management Manual contains Powertek Group’s
risk policies and procedures as well as the mechanism for
periodic reporting are updated regularly.
Powertek Group internal audit adopts a risk-based approach
to audit. The risk assessment process identifies and considers
the implications of risks at both Powertek Group or entity
and activity wide levels.
|