Role of the Audit Committee
The Audit Committee:
- Audits PEM’s financial situation and the financial management exercised by the current Board of Directors during the year.
- Prepares a report following the audit of receipts/invoices and available cash. The report aims at informing the members about PEM’s financial position.
- Presents the report before the annual General Meeting.
It is necessary to have an Audit Committee in place, to safeguard the proper and prudent management of PEM’s cash and assets.
Establishment and members
The provisions regarding the establishment of the Audit Committee are outlined in Article 28 of PEM’s Articles of Association.
The General Meeting appoints the Audit Committee members for 2 years. All of them are paid-up full PEM members.
Meet the Audit Committee Members for the 2018-2020 mandate
Rayna is a philologist and graduate of the Department of Applied Linguistics of the South-West University of Blagoevgrad, Bulgaria.
She has been working in the field of translation, interpreting and education as a freelancer since 2005, and runs her own translation office in Thessaloniki.
Rayna has been a member of PEM since 2006 and served as Board Treasurer for the 2016-2018 term.
Nick is an economist; he is a graduate of the Varvakeio High School, the School of Economic Sciences of the Athens University of Economics and Business, the Graduate School of European Studies of the University of Reading, and the Translation Course of the British Council of Athens.
He has been working as a translator and copyeditor since 1996 and has professional experience in Auditing.
Nick has been a member of PEM since 2015.
Sakis studied aeronautical engineering and in the past has worked as an aircraft engineer. In 2019 he completed two postgraduate degrees: Quality Assurance and Applied IT.
He is a business advisor and a certified trainer on corporate governance and development issues. His company specialises in advisory services for establishing, converting, managing and supporting business entities and start-ups. He also teaches technical and scientific translation, and is a translation technology start-up cofounder, a business coach and a founder of a publishing house specialising in market economy. He was also a head financial advisor on an Alpha TV channel show. He currently helps hundreds of entrepreneurs stand out in an adverse and demanding economic environment with his industry-related advice.
Sakis has been a member of PEM since 2018.