Internal control, internal auditing and risk management
Profitable business requires that operations are monitored continuously and with adequate efficiency. Metsä Group's internal control covers the control of financial reporting, internal authorisation rights, investment follow-up and credit control. The functionality of internal control, on the other hand, is evaluated by Metsä Group's internal audit. Internal control is carried out throughout the organisation. Internal control methods include internal guidelines and reporting systems that support control.
The principles, objectives and responsibilities of Metsä Group's internal control and the principles of internal audit are described in this section. Metsä Group's acting management, Risk Management Directors and internal audit are in charge of composing the principles mentioned above and the Board of Directors for ultimately ratifying them.
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