At the 2019 Annual General Meeting, KPMG, with Mårten Asplund as the Auditor-in-charge, was appointed auditor for the period until the Annual General Meeting in 2020.
The auditor examines and presents an Audit Report of its audit of Avanza’s annual accounts, the appropriation of the Company's profit or treatment of its loss and the administration of the Board and the CEO, and provides a statement regarding the Corporate Governance Report. Reports are submitted and presented to the shareholders at the Annual General Meeting. In addition, the auditor submits an Audit Report addressing ongoing management and internal control, in writing as well as orally to Avanza’s Board, at least twice a year and delivers a report on their audit of the annual accounts and the Annual Report.
The audit is conducted in accordance with the International Standards on Auditing (ISA) issued by the International Federation of Accountants (IFAC). The auditor’s fee is charged on a current approved account basis.In 2020, fees paid to KPMG for auditing duties totalled SEK 2,567 thousand.