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The Revision Commission is elected at the General Meeting of Shareholders and is responsible for the monitoring and control of the financial and economic activity of MegaFon. Members of the Revision Commission cannot be members of the Board and executive bodies of the Company. The maximum number of members of the Revision Commission cannot exceed 3 people.
The Revision Commission carries out regular inspections (audits) of the financial activities of the Company, including: checking financial records of the Company, assessment of compliance with accounting procedures and the preparation of financial statements, line calculation of taxes and fees with the legal requirements of the Russian Federation, analysis of the implementation of approved plans by MegaFon, budgets, other decisions of the Company’s management, and assessment of the conformity of operations and results delivered in line with MegaFon plans.