JVC 2011 Annual Report Download - page 29

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JVC KENWOOD Corporation 27
Internal Audits and Auditors Audits Systems
JVC KENWOOD conducts internal audits on the overall business execution of the entire Group. Results of these audits are reported to
the Board of Directors, an oversight organization, by the Corporate Audit Office, where ten staff members are engaged in operational
audits and internal control audits. The Corporate Audit Office, tasked to audit the operations of the entire Group, prepares the Risk
Assessment Form when formulating an audit schedule and selects auditing targets based on risk assessment, resulting in an increase in
the effectiveness of internal audits. Auditors implement audits according to the audit schedule, audit the entire Groupʼs operations, and
check in-house approval documents based on the monitoring of directors and executive officers. Auditors also attend audits performed
by the Corporate Audit Office, thereby broadening the scope of their audits.
General Shareholders’ Meeting
Reporting
Reporting
Reporting
Internal Audit
Reporting
Reporting
Auditing
Auditing
Election/removal
Selection/Dismissal
Selection/Dismissal
Selection/Dismissal
Election/
removal
Election/removal
Board of Auditors
5 members, of which
(
3 are external auditors
)
Board of Executive Officers
10 Executive Officers
(4 directors concurrently serving as executive officers)
Board of Directors
(9 members, of which 2 are external Directors)
Accounting Auditor
Auditing
Auditing
Committee
Chairman
Execution
Committee Chairman Accounting
Audit
Chairman, Senior Executive Officer
Responsible for Integrated Management
President and CEO
Corporate Audit Office
Group Governance Division
Secretary Office
Company-Wide RISK Management BCP Committee
Compliance Committee
Information Disclosure Council
PL Council
Environment Council
Chief Financial Officer (CFO)
Chief Risk Officer (CRO)
Chief Technology Officer (CTO)
Operating Officers:19 (4 Executive Officers concurrently serving as operating officers)
Chief Operating
Officer
(COO)
Chief Operating
Officer
(COO)
Chief Operating
Officer
(COO)
Chief Operating
Officer
(COO)
Entertainment Software
Business Group
Home & Mobile Electronics
Business Group
Professional Systems
Business Group
Car Electronics
Business Group
Strategic Research & Development
Division
Global Production & Procurement
Division
Human Resources Management
Division
Corporate Administration
Division
Strategic Finance & Accounting
Division
Strategic Marketing Planning
Division
Strategic Corporate Planning
Division
Group Companies
Organization System (As of October 1, 2011)
Corporate Governance