CLOTHES 2014-12-01 17:29:33. 50.00 SEK 0.81% One Contact Us You are here: Home / Information about Kungsleden / Corporate governance / Internal control Internal control The Board is responsible for internal control in accordance with the Swedish Companies Act and the Code. Kungsleden establishes an internal control in accordance with sections 3.7.2 and 2.7.3 of the Code and is thus limited to internal control regarding financial reporting. The control activities have been designed to manage the significant risks regarding financial reporting. The internal control is judged to be good and appropriate for an organization the size of Kungsleden. The basis for internal control consists of the control environment from which the board and management continuously operate, but also the decision-making paths, powers and responsibilities that are distributed and communicated in the organization. The company works continuously and actively to map, assess and manage the risks to which the company is exposed in its operations. Kungsleden is a process-oriented company and integrates routines for risk assessment into its significant business processes. The risks identified with regard to financial reporting are managed via the company's control structure, including business management and business plan processes, including supporting IT systems. Tool Examples of governing documents within the company are the tools for business follow-up that have been developed and used partly for preparations for purchases and sales of properties, partly for overall follow-up of the business and as a basis for valuations. The company has designed its internal control so that appropriate control activities are carried out at overall levels (for example through ongoing profit analysis based on both the operational and legal group structure and analysis of key figures) as well as more routine and system-oriented controls such as reconciliations, certificates and similar controls. which aims to prevent, detect and correct errors and deviations. Ongoing reporting The Board receives ongoing financial reporting and at each ordinary Board meeting, the Group's financial position is discussed. Every year, the company's auditor also personally reports his observations from the audit and his assessment of internal control. The company's management runs, on behalf of the board, a project to document the company's internal control regarding financial reporting. Kungsleden has no internal audit function. At present, the internal control is judged to be good and appropriate for an organization the size of Kungsleden, which is why the board and management do not see any need for an internal audit function. Questions? Contact the board. Did you find this information useful? Yes No Share this page Page updated on October 3, 2013 Do you have questions? Göran Larsson Chairman of the Board Send me an email INFORMATION ABOUT KUNGSLEDEN Get to know the company Financial information Corporate governance Annual General Meetings Nomination Committee Group management Board Business management Internal control Audit Articles of association Our responsibility Work at Kungsleden Press room Most popular pages in the last week 1 Reports and presentations 2 Press releases 3 Annual General Meetings 4 Find my property page 5 Search premises Follow us online Follow us on Twitter We are on LinkedIn See our photos on Flickr Watch our videos on YouTube Visit the blog Contact Us Kungsleden AB (publ) Vasagatan 7 Box 704 14 107 25 Stockholm Phone 08-503 052 00 Fax 08-503 052 01 © Kungsleden AB (publ) Vasagatan 7 , Box 704 14 , 107 25 Stockholm , Phone 08-503 052 00 , Fax: 08-503 052 01 Site policy Information about Kungsleden Are you looking for a new location For you who are a tenant The blog