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The control of the Certified Public Accountant
Besides the control carried out by the state itself, the board has in
accordance with the rules of the Foundation Legislation hired a certified public
accountant, who continuously throughout all the years has carried out an
auditing control of the Foundation's affairs. An auditor plays an extremely
important role in the control of a foundation's activities. This role was
further intensified with the reform to minimize bureaucracy, which the Schlüter-government
implemented. The Foundation Legislation's requirement that a foundation must be
registered in the Foundation Registry was thus annulled. In return it became the
task of the auditor and the tax authorities, to ensure, on behalf of the public,
that everything was carried out correctly.
The auditing of the Foundation has been carried out by CPA Erik Rømer
Jensen. His auditing has on no occasion caused remarks or reports on any matter
to the Foundation authorities. The auditor has year after year thoroughly and
critically gone through the accounts of the Foundation. He has controlled the
original vouchers, controlled the protocol of the board of directors, the
grants, the project reports and the accounts from the projects. He has demanded
to see audited accounts for the means applied abroad.
He has controlled the payments from every contributor, and every year
calculated, what each of them has paid too much or too little. He has filled out
and submitted annual tax returns to the local tax authorities, and has submitted
the audited accounts with a specification of the contributions to the tax
authorities in Holstebro.
The legislation puts high demands on the auditing of the certified public
accountants. This was pointed out by the Minister for Taxation, when he on
November 18, 1997 in an answer to the 'Uddannelsesudvalg' [the Educational
Commission] of the Danish Parliament mentioned that an auditor can be punished,
if he omits to mention cases, where a foundation utilizes its means contrary to
its objectives.
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