Audit in Sweden

Whether a Swedish company needs a statutory audit depends on its form and its size. Bolagsverket’s auditor page exempts small limited companies, but a company that has exceeded at least two of three criteria in each of the last two financial years must appoint one: more than 3 employees on average, a balance sheet total of more than SEK 1.5 million, or a net turnover of more than SEK 3 million. The auditor must be an authorised auditor (auktoriserad revisor) or an approved auditor (godkänd revisor). A parent group, a bank or an investor may also ask for audited accounts even where the law does not. Choosing the auditor (revisor) is a decision for the owners, not something to leave to whoever keeps the books.

Firms offering audit in Sweden

KPMG AB

Accounting firm · International network

Stockholm

  • Company formation
  • Tax compliance
  • VAT
  • +1 more

Languages: Swedish · English

View profile of KPMG AB

Azets

Accounting firm · International network

Stockholm

  • Company formation
  • Accounting and bookkeeping
  • Tax compliance
  • +4 more

Languages: Swedish · English

View profile of Azets

What to ask an audit firm in Sweden

Ask the firm to confirm in writing whether your company is required to have an auditor this year and on what basis. Ask who will sign the report and what qualification that person holds, when the fieldwork happens and which schedules the firm expects from your accountant. If your group reports under another framework, ask whether the firm can provide a reporting pack for the group auditor as well. Many auditors decline to audit books they keep themselves, so plan on separate firms for bookkeeping and audit, or ask how one firm keeps the two apart.

Audit firms on Accountanty

Twenty-three firms on Accountanty offer audit in Sweden, all of them accounting firms. Nine are small, six medium-sized and eight belong to large networks, and 11 focus on foreign clients. Fifteen are in Stockholm and eight in Gothenburg. Several describe themselves as authorised audit firms or as members of the professional association FAR. For the books themselves, see accounting in Sweden.

Frequently asked questions

Does every Swedish limited company need an auditor?

Not always. Small limited companies are exempt until they exceed at least two of three size criteria, on staff, balance sheet and turnover, in each of the last two financial years. A lender or parent group can still ask for an audit. Ask a firm to confirm your position in writing each year.

How many audit firms in Sweden focus on foreign clients?

Eleven of the 23 firms that offer audit in Sweden on Accountanty say they focus on foreign clients, and 13 work in English. Eight of the 23 belong to large networks, which helps when the group already uses one auditor abroad.

Where are the audit firms on Accountanty in Sweden?

Fifteen are in Stockholm and eight in Gothenburg. None of the firms listed in Mölndal or the smaller towns offers audit, so a company based there usually appoints an auditor from one of the two larger cities.

Other services in Sweden

Accountants by city in Sweden

Setting up a company in Sweden: the guide and every firm

General information, not legal or tax advice. Rules, rates and fees change: check them with the official sources linked on this page or with a qualified adviser before you act.