![]() The minimum requirements for the RMS/ICS, including the Three Lines Model, are set out in guidelines for the entire Group. In line with this model, the Volkswagen Group’s RMS/ICS has three lines designed to protect the Company from significant risks occurring. Opportunities are not recorded in the RMS/ICS processes.Īnother key element of the RMS/ICS at Volkswagen is the Three Lines Model, a basic element required by, among other bodies, the European Confederation of Institutes of Internal Auditing (ECIIA). Youll also be able to browse optional convenience and. You will be able view interior and exterior photos, watch a video highlighting the vehicle, and look at available colors. Uniform Group principles are used as the basis for managing risks in a standardized manner. New Volkswagen Models Available at Principle Volkswagen Grapevine Below you will find links to pages where you will find information on your favorite Volkswagen models. Potential risk areas are covered in full. The purpose of structuring the RMS/ICS in accordance with the COSO framework for enterprise risk management is so that The organizational design of the Volkswagen Group’s RMS/ICS is based on the internationally recognized COSO framework for enterprise risk management (COSO: Committee of Sponsoring Organizations of the Treadway Commission). STRUCTURE OF THE RISK MANAGEMENT SYSTEM AND INTERNAL CONTROL SYSTEM AT VOLKSWAGEN Risk management and internal control system ![]() Auditor’s report on the remuneration report.Remuneration based on performance shares.Noncurrent and current other receivables.Share of result of equity-accounted investments.Opportunities and risks from mergers and acquisitions and/or other strategic partnerships/investments.Risks and opportunities from the macroeconomy, the sector, markets and sales.Exchange rate, interest rate and commodity price trends.Passenger cars and light commercial vehicles.Economic activities of the Volkswagen Group.Increasing attractiveness as an employer.ROI and value contribution in the reporting period.Return on investment (ROI) and value contribution.Results of Operations, Financial Position and Net Assets.Disclosures Required Under Takeover Law.The 12 Group Initiatives of the NEW AUTO Strategy.
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