Internal control and risk management
The aim of internal control and risk management systems related to Raisio Group’s financial reporting process is to ensure the reliability of financial statements and reporting, compliance with laws and regulations, as well as the ethicality, efficiency and profitability of operations.
Raisio’s internal control is based on the Group’s values and policies.
The Board of Directors has the overall responsibility for organizing the internal control and risk management systems related to financial reporting and risk management. The Board has nominated its Audit Committee to ensure, among other things, that the principles established for financial reporting, risk management and internal control are followed. CEO is responsible for maintaining effective supervisory environment and for the internal control related to financial reporting and risk management.
The Group’s internal control is a process in which the Board, Board’s Audit Committee, management and entire personnel participate. Internal control is thus not a separate organisation, but part of the Group’s overall operations.