Boskalis jaarverslagen 2011

Statement regarding the risks relating to financial reporting

In spite of the risk management and control systems that Boskalis has put in place, there can be no absolute certainty that mistakes, losses, fraud or unlawful activities will be prevented.

The effectiveness of the internal risk management and control systems has been discussed with the Supervisory Board. No material changes were introduced in the risk management and internal control systems during the course of the year under review. Given the structure and operation of the financial reporting and control systems at Boskalis, the Board of Management is of the opinion that:

  • the internal risk management and control systems provide a reasonable degree of assurance that the financial reporting does not contain any errors of material importance; and
  • the risk management and control systems worked properly during the year under review.

 

Added to My report add to My report Source: Annual review 2011, Report of the Board of Management, page 53