Internal Control & Risk Management along with the Performance Indicators
Internal Control & Risk Management along with the Performance Indicators
The internal control and risk management system represents all important and benefitting tools for managing company activities and checking:
- Guarantee compliance with the laws and legislations.
- Protect company assets and managing activities competently.
The internal control and risk management system at Fajr Company depends on a comprehensive model of specific procedures and restrictions for coordination between the control bodies and company operations. Administration is considered mainly responsible for applying the internal control and risk management system since its activities are considered part and parcel of the administrative operations.
Performance indicators of long and short terms at Fajr Company are considered a measurable value that clarifies extent of effectiveness of the plans and scheme at the company in achieving main business objectives and evaluating success.