From 24th to 26th of October, 2011 there was organized a corporate training: “Corporate governance, internal control, risk management and internal audit” for the key employees of «CAEPCO» JSC and its subsidiaries.

To conduct the corporate training there was involved an international consulting company – «KPMG Tax and Advisory», LLP, which has an experience in implementing similar projects in the utility sector of Kazakhstan.

As part of the training workshop, the employees of «CAEPCO», JSC and its subsidiaries, have received not only theoretical information suggested topics, but also have learned practical skills in building an effective system of risk management, internal control and internal audit. Practical tasks included such questions as:

First day: risk identification, risk management and action plans that affect the causes of risk, identification of possible consequences of risk and action plans that affect the consequences of risk;

Second day: a block-diagram development of the suggested business process, risk identification and operating control procedures, evaluating the effectiveness of the design of controlling procedures;

Day three: Identification of the frequency of control procedureы, preparation of test plans on the controlling procedures.

Upon completion of the corporate training all participants were awarded by Certificates.

Obtained knowledge during the training will allow to the employees of «CAEPCO» JSC and its subsidiaries to achieve strategic goals of «CAEPCO» JSC with the most effective way.