NWG // FINANCIAL INFORMATION
Auditor ’ s responsibility
Our objective concerning the audit of the administration , and thereby our opinion about discharge from liability , is to obtain audit evidence to assess with a reasonable degree of assurance whether any member of the Board of Directors or the CEO in any material respect :
# has undertaken any action or been guilty of any omission which can give rise to liability to the Company , or
# in any other way has acted in contravention of the Companies Act , the Annual Accounts Act or the Articles of Association .
Our objective concerning the audit of the proposed appropriations of the Company ’ s profit or loss , and thereby our opinion about this , is to assess with reasonable degree of assurance whether the proposal is in accordance with the Companies Act .
Reasonable assurance is a high level of assurance , but is not a guarantee that an audit conducted in accordance with generally accepted auditing standards in Sweden will always detect actions or omissions that can give rise to liability to the Company , or that the proposed appropriations of the Company ’ s profit or loss are not in accordance with the Companies Act .
As part of an audit in accordance with generally accepted auditing standards in Sweden , we exercise professional judgment and maintain professional scepticism throughout the audit . The examination of the administration and the proposed appropriations of the Company ’ s profit or loss is based primarily on the audit of the accounts . Additional audit procedures performed are based on our professional judgment with starting point in risk and materiality . This means that we focus the examination on such actions , areas and relationships that are material for the operations and where deviations and violations would have particular importance for the Company ’ s situation . We examine and test decisions undertaken , support for decisions , actions taken and other circumstances that are relevant to our opinion concerning discharge from liability . As a basis for our opinion on the Board of Directors ’ proposed appropriations of the Company ’ s profit or loss we examined whether the proposal is in accordance with the Companies Act .
Gothenburg , April 1 , 2021
Ernst & Young AB
Jonas Svensson Authorized Public Accountant
130 // ANNUAL REPORT