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ANNUAL REPORT OF THE AUDIT AND CONTROL COMMITTEE OF
NH HOTEL GROUP, S.A.
5) Priorities for 2015
Apart from the normal tasks required by general and NH regulations in relation to financial information to be reported to the market and
supervision of the independence of the external auditors, the Audit Committee has examined and approved a work plan of the Internal Audit
department for 2015. The plan contains the following priorities:
1. Analysis of the Projects, Commercial and Revenue Management departments, along with supervision of the Shared Services Centre’s
business.
2. Supervision of the roll-out of suggested control measures consequent to introducing the Criminal Risk Prevention Model.
3. Supervision of Compliance Office activities.
4. Expansion of the Financial Information Control System to the Benelux and Central Europe business units. Implementation and periodic
review of the established system (Spain, Portugal, Benelux and Central Europe companies and business units).
5. Adaptation of the Continuous Auditing Project to the newly introduced management systems.
6. Supervision of the introduction of the risk management system including the updating procedure for Group’s Risk Map.
7. Monitoring of incidents detected in audits from previous years and implementation of action plans drawn up by different departments and
business units.
To conclude this report, it should be highlighted that this Committee has had access to external experts (auditors, appraisers or consultants) and
members of the economic and financial management teams, internal auditing teams and control management, whenever it has deemed useful, in
order to carry out the aforementioned work.
Madrid, 24 March 2015
