Carlsberg has set up an Internal Audit department to ensure objective and independent assessment of the adequacy, efficacy and quality of the Group’s internal controls.
Internal Audit’s most important task is to assess whether the Group has well-established accounting practices, written policies and procedures in all important business areas, and adequate internal control procedures. This includes the assessment of whether controls in relation to key IT systems are satisfactory, and whether they comply with the IT Policy.
Internal Audit conducts an annual review of business risks. On the basis of this and input from the Supervisory Board and senior executives in the Group, an audit plan is drawn up for the year.
Internal Audit is responsible for planning, executing and reporting on the audit performed. The reporting includes observations and conclusions, together with suggestions for improvements to the internal controls in each area audited.