The report on internal control of financial reporting has been prepared by the Board of Directors in accordance with the Swedish Code of Corporate Governance and the guidelines issued by the Confederation of Swedish Enterprise and FAR.
Within the company, the following targets have been set up with regard to interal control.
It shall ensure compliance with the framwork of applicable laws, regulations, rules and standards to which we are subject.
It shall ensure that the financial reporting is reliable and provide shareholders, the Board of Directors, management and other stakeholders adequate information on which to assess performance and development.
It shall ensure that business operations are appropriately organised and conducted in such a manner that risks are continuously assessed, managed and minimised to meet financial and operational targets. On-going efforts to meet these targets involves a process building on a framework for internal control in which there is a particularly crucial interplay between control activities and the development of an effective control environment whereby responsibilities are assumed within the organisation.