Skanska’s internal control transferred to newly established Group Staff Unit Internal Audit and Compliance
8/18/2006 10:34 AM CET
Press release
Group Staff Unit Internal Audit and Compliance is being formed to meet the demands placed by the Swedish Code of Corporate Governance and to strengthen the control environment.
To date, responsibility for the Group’s internal audit was within Group Staff Unit Controlling, but as of now this role is being transferred to the independent internal control function. Group Staff Unit Internal Audit and Compliance reports directly to the Board’s Audit Committee and is under the management of the Chief Financial Officer.