Internal control over financial reporting

A focus area for the Husqvarna Group’s process for internal control is to manage and minimize the risk of inaccuracy in financial reporting.

This description and evaluation of the Group’s internal control activities is based on the COSO framework (The Committee of Sponsoring Organizations of the Treadway Commission) and, as required by the Swedish Code, describes the Board’s measures for monitoring that the internal controls related to financial reports and reporting to the board function adequately. The COSO framework comprises five components; control environment, risk assessment, control activities, information and communication, and monitoring activities.

The organization of internal control is described in the chapters in the menu to the left. The description is limited to internal control over financial reporting.