Bolagsstyrning : Förväntade effekter för externrevisionen

by Bäcknäs, Pierre; Storck, Carl Philip

Background Purpose Method Conclusions Recent years of scandals within the industry has seriously damaged the public’s confidence in corporate governance. As an answer to this the USA presented a legislation called SOX. In Sweden a corporate governance code was produced instead, as one of the last in Europe. These efforts have lead to more focus on corporate governance and internal controls and the purpose is that the financial information from the corporations should be more trustworthy. The purpose of this report is to identify the expected effects of how the new requirements on corporate governance will have an impact on the work of external auditors. Especially when it comes to the cooperation with the internal audit and the reassuring of the financial reports. We have chosen a qualitative method, with semi-structured interviews. The interviewees are internal and external auditors with vast experience and also the chairman of FAR. These were chosen to get a deeper understanding of our problem statements concerning expected effects. The conclusions that we have made is that the cooperation between internal and external auditors is expected to increase by coordination of auditing plans and reduction of double-work, especially within internal control. When it comes to the workload of the external auditor, it is expected to rise by increased testing and documentation of internal controls. The change in the organization by Audit committees is also expected to raise the independence of the external auditor by improving the cooperation with the board instead of the executives. Definitioner ABL Aktiebolagslagen (1975:1385). AS2 Auditing Standard no. 2 (PCAOB). CIA Certified Internal Auditor. Corporate governance Bolagsstyrning. COSO Committee of Sponsoring Organizations of the Treadway Commission. FAR Föreningen Auktoriserade Revisorer. IFAC International Federation of Accountants. IIA Institute of Internal Auditors. IRF InternRevisorernas Förening. ISA International Accounting Standards.