revisjonikomisjon

A revisjonikomisjon, often translated as an audit committee or supervisory board, is a body within an organization tasked with overseeing financial reporting and internal controls. Its primary responsibility is to ensure the integrity and accuracy of a company's financial statements and to monitor compliance with relevant laws and regulations.

The composition of a revisjonikomisjon typically includes members who are independent of management and possess financial expertise. This independence is crucial for objective oversight. The committee's duties can include appointing and overseeing external auditors, reviewing audit plans, evaluating audit findings, and ensuring that management addresses any identified weaknesses in internal controls.

In many corporate governance structures, the revisjonikomisjon plays a vital role in safeguarding the interests of shareholders and other stakeholders by providing an independent layer of assurance over financial matters. They act as a bridge between the board of directors, management, and external auditors. The committee's work contributes to transparency and accountability within the organization. Its existence is often a requirement under stock exchange rules or corporate law in various jurisdictions, reflecting its importance in maintaining market confidence.