Internal audit assignments are conducted based on a risk-based plan approved by the Audit and Risk Committee of the Board of Directors. The internal audit function reports on the audit results and the status of the audits to the Audit and Risk Committee on a regular basis.
Internal Audit
Fortum’s Internal Audit is an independent and objective assurance function providing a disciplined and systematic approach to examining and evaluating the appropriateness and effectiveness of Fortum’s management and corporate governance processes, internal control system, risk management, and operational processes.