The general meeting of Danske Bank appoints two external auditors. According to the executive order on the performance of audits in financial institutions, the external auditors and the group chief auditor are responsible for the audit of the entire Group.
The audit must be performed in accordance with good auditing practices and must include a critical review of the individual companies' accounting materials and their conditions in general.
The distribution of audit tasks The distribution of tasks and co-operation between the internal audit department and the external auditors is laid down in the audit agreement. Every year, the Bank prepares a summary of the distribution of the specific auditing tasks between the internal audit department and the external auditors.
Internal audit departmentGrant Thornton and KPMG C. Jespersen audit the annual report.
The annual report is signed by
- Grant Thornton and KPMG C. Jespersen
- The Chief Auditor and the Deputy Chief Auditor
- The Executive Board
- The Board of Directors
The external audit's field of activity
According to applicable rules, the auditor's field of activity is limited to the auditing of accounts and supplementary reports and advisory services and assistance related to this and similar areas.
An auditor is not allowed to undertake tasks falling outside this area. The auditor's field of activity is thus subject to tight regulation.
Last updated/revised on October 12, 2007