Audit
According to the Articles of Association, the Annual Shareholders’ Meeting elects an auditor that shall be an audit firm approved by the Central Chamber of Commerce. The elected auditor is also responsible for internal audits, where applicable. The auditor’s term of office ends at the conclusion of the Annual Shareholders’ Meeting following the election.
The auditor elected at the Annual Shareholders’ Meeting is responsible for the guidelines and coordination of auditing throughout the Group. The auditor submits the statutory auditing report to the company’s shareholders with the annual financial statements. Members of the Board are also provided with interim auditing reports.
The 2012 Annual Shareholders’ Meeting elected PricewaterhouseCoopers Oy as the company’s auditor.
In 2011, companies belonging to the PricewaterhouseCoopers chain in Finland and abroad were paid a total of EUR 239,467 in compensation for performing audits for Aspo Group. In addition, other services were acquired for EUR 139,414.