The base for the internal control over the financial reporting consists of the overall control environment that the Board of Directors and the management have established. An important part of the control environment is that the organizational structure, the decision hierarchy and the authority to act, are clearly defined and communicated in such guiding documents as internal policies, guidelines, manuals and codes.
The company applies different processes for risk assessment and identification of the main risks. The risk assessment is continously updated to include changes that substantially influence the internal control over the financial reporting.
Atlas Copco has established the following main internal control processes related to the financial reporting:

• Business Control
• Financial Reporting 
• Business Boards
• Internal Audit
• Special Risk Areas
• Control Self Assessment 
• Ethical helpline/whistle blowing  

Read about these processes in the following document: