2.8 MEUR - Gorenje - Gorenje Group

Audit
The auditing of financial statements of the controlling
company and the majority of ist subsidiaries is conducted
by the KPMG auditing company. The Company
observes the recommendations of the Corporate Governance
Code for Public Limited Companies regarding
the changing of auditors every three years. The
proposal for the selection of an auditor for the 2011
financial year was prepared by the Audit Committee,
and the Supervisory Board proposed ist appointment
to the General Meeting of Shareholders.
The external auditor reports on its findings to the
Management Board, the Supervisory Board, and the
Audit Committee.
The transactions of the parent company and the Gorenje
Group with the company KPMG Slovenija, podjetje
za revidiranje, d.o.o., and the transactions of the group
companies with individual auditing companies are
presented in the Notes to the Financial Statements.
In the second half of the year, we initiated procedures
for the reorganisation of internal audit. The primary
goals of the reorganisation are to increase the efficiency
of its operation through staff development,
increased autonomy of operations, and the attainment
of excellence.
The Management Board of the company Gorenje, d.d.
ANNUAL REPORT 2011
54