The Audit Committee discusses and monitors issues related to administrative processes, risk control and the controller organisation.
Its brief also includes discussing and evaluating the company’s application of important accounting issues and the company’s financial reporting, as well as evaluating the auditors and approving the use of external auditors for non-auditing-related services.
The Audit Committee shall also receive and discuss complaints concerning accounting, internal controls or auditing in the company.
The company’s auditors normally participate in the meetings of the Audit Committee, provided that the auditors are not being evaluated or discussed.
20 Apr 2020Scania’s Board of Directors shall comprise a minimum of three and a maximum of ten members elected by the AGM and two employee representatives plus two deputies for the latter.
20 Apr 2020
Responsibilities and workThe Board of Directors is mainly responsible for determining Scania’s overall strategies and goals.The Board of Directors is mainly responsible for determining Scania’s overall strategies and goals.
20 Apr 2020
Governance structureUnder the Board of Directors, the President and CEO has overall responsibility for the Scania Group.Under the Board of Directors, the President and CEO has overall responsibility for the Scania Group.