Note 5 – Audit fees and expenses

 20182017
Group  
KPMG AB  
Audit services364,000415,156
Other review activities705,037-
Great Wall Certified Public Accountants Co. Ltd  
Audit services49,65844,247
Parent company  
KPMG AB  
Audit services364,000415,156
Other review activities705,037-
   

Audit services refers to the statutory examination of the annual financial statements and the bookkeeping, as well as administration by the Board of Directors and the CEO, other tasks incumbent upon the Company’s auditor, and advice or other assistance occasioned by observations during such examination or the execution of such other tasks.