At the AGM in April 10, 2014 Ernst & Young AB was elected as external auditors up to the end of the Annual General Meeting in 2018.
Ernst & Young AB provides an audit opinion on the financial statements and the annual report for Husqvarna AB, the consolidated financial statements for the Husqvarna Group, the administration of Husqvarna AB, and the financial statements of Husqvarna's subsidiaries. The audit is conducted in accordance with the Swedish Companies Act and generally accepted Swedish auditing standards issued by FAR SRS, which are based on Generally Accepted Auditing Standards issued by the International Federation of Accountants (IFAC GAAS).
Audits of local statutory financial statements for legal entities outside of Sweden are performed in accordance with laws or other applicable regulations in the respective countries, and in accordance with IFAC GAAS, including issuance of audit opinions for the various legal entities when required.
The auditors attend the meetings of the Audit Committee and report to the Board of Directors when appropriate, but at least once annually.