Glossary entry

English term or phrase:

audit & supervisory board

Swedish translation:

revisionsstyrelse

Added to glossary by Anna Herbst
Jun 11, 2013 14:56
10 yrs ago
2 viewers *
English term

audit & supervisory board

English to Swedish Bus/Financial Business/Commerce (general)
These rules has been adopted by the Board of Directors and is applicable to all directors, audit & supervisory board members, officers, corporate officers and employees
Change log

Jun 16, 2013 13:20: Anna Herbst Created KOG entry

Proposed translations

+1
12 hrs
Selected

revisionsstyrelse

This will most likely refer to a Japanese company where they use the Kansayaku system. The Japan Corporate Auditors has decided to recommend the following translations into English:
Kansayaku - Audit & Supervisory Board Member
Kansayaku-kai - Audit & Supervisory Board
http://www.kansa.or.jp/en/ns121023.pdf
With this in mind, my suggestion is to use the term "revisionsstyrelse" in Swedish to clearly show that it is separate from - rather than a committee of - the full board (styrelsen). Cf. SERN reference.
Example sentence:

Japanese companies in addition to full board members, also include Kansayakus who are Audit and Supervisory Board Members performing a role similar to audit committees,

Revisionsstyrelsen består av två italienska och två svenska medlemmar i nätverket som inte ingår i styrelsen

Peer comment(s):

agree Joakim Braun : If it's a Japanese company.
4 hrs
Tack Joakim!
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4 KudoZ points awarded for this answer.
-1
18 mins

revision och styrelseledamot

I think that is enough
Peer comment(s):

disagree Joakim Braun : Med revision avses i regel externa organ (revisor) som inte omfattas av regler som styrelsen sätter upp. Här handlar det av allt att döma om något slags styrelseorgan i företaget som handlägger redovisnings- och revisionsfrågor (värderingsbedömningar etc)
2 hrs
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-1
3 hrs

revisionskommitté (audit board)

"Audit & supervisory board" är sannolikt två separata organ.
Audit board är ett utskott i bolagsstyrelsen som handlägger redovisningsrelaterade frågor.



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Note added at 3 Stunden (2013-06-11 18:04:53 GMT)
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Av texten att döma är "supervisory board" något annat än "board of directors", så det kan inte översättas med "styrelse". Är det ett tyskt företag?
Peer comment(s):

disagree Anna Herbst : Your explanation is incorrect. Linguistically "audit & supervisory board members" would not connote that more than one entity including the two parts is involved.
9 hrs
The text is faulty elsewhere and corporate governance is not limited by linguistic rules. It seems unlikely that "audit & supervisory board" refers to a single entity - these are quite different matters. (Later:) But "revisionsstyrelse" may well be right.
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