Version 09/2026, effective 21 September 2026. Company reg. no. 838 070 442.
1.1 Scope. These standard terms and conditions (the "Standard Terms") apply to all audit and assurance services delivered by Benford Revisjon AS. Together, the Standard Terms and the individual engagement agreement (engagement letter, engagement confirmation or equivalent) constitute the "Agreement" between the parties. The Standard Terms also apply to additional engagements and one-off services performed for you without a separate written engagement agreement having been entered into.
1.2 Definitions. In the Agreement, the following words and expressions have the meaning set out below:
1.3 Order of precedence. Unless the engagement agreement expressly derogates from a particular clause of the Standard Terms, the Standard Terms take precedence in the event of conflict.
1.4 Amendments to the Standard Terms. We may amend the Standard Terms. The current version is made available on our website and applies to engagements that are entered into, continued or renewed after the time of the amendment. Amendments of material significance to you will be notified in writing a reasonable time before they take effect.
2.1 Ownership. All working papers and other engagement documentation that we prepare in connection with audit and assurance engagements are our property. This applies irrespective of whether the documentation is based on material received from you.
2.2 Retention. We may retain copies of all documentation relevant to the Engagement, including documents we have received from you or on your behalf. The engagement documentation is retained for as long as the Norwegian Auditors Act (revisorloven) and its associated regulations require, and otherwise in accordance with applicable legislation and our internal guidelines.
2.3 Release. Documents belonging to us, including our working papers, are not released unless this has been specifically agreed or we are legally obliged to do so. In the event of any release, we may impose conditions, including requiring a written statement from the recipient as to the purpose of, and the limitations on, the use of the documents.
2.4 Forms, templates and software. Forms, templates, spreadsheets, databases and other software that we make available to you have been developed for specific purposes and are provided "as is". Such material is for your internal use only and must not be distributed to third parties.
3.1 Duty of confidentiality. We and our staff are subject to a duty of confidentiality regarding everything we learn in the course of performing the Engagement, cf. the confidentiality provisions of the Norwegian Auditors Act. The duty of confidentiality is unlimited in time and continues to apply after the Engagement has been concluded.
3.2 Permitted use of confidential information. Each party may use the other party's confidential information only in connection with the Engagement. We may nevertheless process your confidential information for the following purposes: