Nordea EN English Dansk Norsk Suomi Svenska Audit Breadcrumb Home About us Corporate governance Internal control and audit Audit Nordea business is audited, internally as well as externally. Internal Audit Group Internal Audit (GIA) is an independent function commissioned by the Board. The Board Audit Committee (BAC) is responsible for guidance on and evaluation of GIA within the Nordea Group. The Group Chief Audit Executive (CAE) has the overall responsibility for GIA. The CAE reports on a functional basis to the Board and the BAC and reports on an administrative basis to the Group CEO. The Board approves the appointment and dismissal of the CAE and decides, on proposal from the Board Remuneration Committee, on salary and other employment terms and conditions for the CAE. Internal control framework The Board is responsible for setting and overseeing an adequate and effective Internal Control Framework. The Internal Control Framework includes the control functions and the Risk Management Framework and covers the whole Nordea Group. External Audit According to the Articles of Association, the auditor of Nordea Bank Abp shall be an audit firm with the auditor-in-charge being an Authorized Public Accountant (APA). The term of office for the auditor expires at the end of the annual general meeting following the election. Auditor's fees of Nordea Bank Abp EURm 2020 2019 Share this page Related links Articles of association CEO and leadership team About us Who we are Nordea in society Corporate governance Investors Nordea in figures Reports & presentations Share News & insights Press room Economic Outlook Blogs Careers Vacant positions Join us Locations Sustainability Sustainability at Nordea Sustainable Choice Reports Our services Corporates & institutions Small & medium businesses Personal customers Contact us General terms Privacy policy Cookies Accessibility Site feedback Nordea Bank © 2021 Nordea’s use of cookies Dansk Norsk Suomi Svenska Nordea uses own cookies as well as cookies from third parties. Cookies are used to enhance your online experience and to remember your preferences, for example language. Cookies are also used to analyse web traffic and to show you targeted ads in our own and third parties’ online media. We ask for your consent to use such cookies, except for necessary cookies which are needed to run our website. If you click on “Settings” below, you are able to decide which cookies you want to consent to. By clicking “Accept all cookies” you consent to all cookies from Nordea and our third-party collaborators. You can change or withdraw your consent at any time. You can read more about the use of cookies and how you can withdraw your consent in our cookie policy. Accept all cookies Settings