The Auditor General is the external auditor for the SDFI portfolio pursuant to the Auditor General Act. It checks that the company’s management of the portfolio accords with the decisions and assumptions of the Storting (parliament), and audits the annual accounts for the SDFI portfolio. On the basis of this work, the Auditor General submits its report in a final auditor’s letter.
In addition, the board has appointed Deloitte as an external audit company to serve as the internal auditor for the SDFI. The internal auditor conducts a financial audit of the portfolio’s accounts and submits an auditor’s report pursuant to Norwegian auditing standards and cash accounting principles, including RS 800 on the auditor’s comments concerning special-purpose audits. The contract with the external auditor company covers both financial auditing of the SDFI and Petoro’s internal auditor function. In addition, the company’s function for notification of irregularities (whistleblowing) is handled by the internal auditor.
Erga Revisjon AS has been selected by the general meeting as the external auditor for Petoro AS, including the Petoro Iceland AS subsidiary.