Corporate Governance
The Board is mindful of its responsibility to present a balanced and understandable assessment of International Power plc's financial position and prospects, both to investors and regulatory authorities. The annual report, preliminary and interim results announcements and interim management statements are the principal means of achieving this objective.
An explanation of the respective responsibilities of the Directors and external auditor in connection with the financial statements is set out in the Annual Report. The Directors confirm in the Annual Report that the Group is a going concern.
The Audit Committee approves all non-audit services provided by the external auditor to ensure that the objectivity and independence of the external auditor is not compromised. Our procedures specify the services from which the external auditor is excluded and the approval process for all other services.
