What we need to know

  • Financial integrity is key to maintaining the trust of our shareholders, customers, Business Partners and employees
  • Meeting International Financial Reporting Standards is not only required, it enables us to best manage our business

What is expected of us

  • We follow Telenor’s Accounting Principles (TAP) and abide by internal controls implemented by Telenor
  • We register all transactions correctly in accordance with legal obligations and good accounting practices
  • We report accurately, reliably, transparently, consistently and in a timely manner
  • We ensure that expenses are reasonable and recorded properly when we spend the company’s money
  • We make decisions in accordance with applicable Group or Local Authority Matrix and ensure segregation of duties where applicable
  • We verify facts and completeness of information and underlying business rationale before approving a transaction or signing a document
  • We do not create fraudulent records, falsify documents or otherwise misrepresent facts, transactions or financial data

What to look out for

  • We see financial or accounting irregularities
  • We become aware that a colleague or Business Partner has falsified any documentation
  • We are unsure if we have recorded a transaction correctly
  • We become concerned that any employee is misreporting financial information, including sales results or forecasts
  • We become concerned that Telenor’s resources are not being spent or recorded as consistent with our policies

Resources and Tools