Internal audit
VR Group has an independent internal audit function that reports administratively to the President and CEO and functionally to the Audit Committee of the Board of Directors. The Audit Committee has confirmed the rules of procedure of the internal audit.
The internal audit evaluates and ensures the effectiveness and appropriateness of the Group’s internal control in compliance with the international professional standards of internal auditing. The Audit Committee of the Board of Directors approves the internal audit action plan biannually. The internal audit function reports its observations to the Audit Committee in the committee’s meetings.
Corporate Governance Statement 2023
