Monitoring

The CFO is responsible for monitoring and evaluating the effectiveness of the company’s risk management and internal control system. During 2015, work on reviewing the internal control system continued, which led to a further strengthening of processes and routines.

The work with internal control is reported on a regular basis to Group Management and the Audit Committee. These regularly recurring reports form the foundation for the Board’s evaluation and assessment of the effectiveness of internal control over financial reporting and are the basis for decisions regarding any potential improvement measures.