The auditor's assignment
An auditor is elected by the GM, for a term running up until the end of the GM during the financial year after the election. The auditor is assigned to review Knowit’s Annual Report, accounting records and the administration performed by the Board and CEO.
The auditor delivers a report to the GM. Shareholders have the opportunity to ask the auditor questions during the GM.
The auditor's work during 2022
During the year, the auditors have, in addition to reviewing the Company’s books, performed brief audits of the Company’s third interim report.
The auditors have participated at all seven of the Audit committee’s meetings. On three occasions, they presented reports on significant observations – in connection with the third Interim Report, in connection with finalization of the administrative audit, and in connection with the year-end report. Following the review of the Annual Report, the auditors present an audit report.
The auditors’ written report was distributed to the entire Board and the chairman of the Audit committee presented the most significant parts from the report.