The auditing profession
What do auditors do?
Auditors audit and advise. They primarily audit the annual financial statements of medium-sized and large companies. They also advise on related issues. Find out more on our Simple Knowledge page.
What do auditors have to do with digitalisation?
Information technologies play an essential role in the daily work of auditors. Without the use of digital products, it is now simply impossible to work as an auditor. Auditors are therefore already familiar with the use of digital technologies.
What do auditors have to do with data-based decisions?
Auditors are experienced in making data-based decisions. They have experience in collecting and analysing large amounts of data and making decisions based on this.
At what company size does it make sense to work with auditors?
In principle, the usefulness of collaboration depends more on the topic or task than on the size of the company. As soon as a company is large enough to standardise processes involving several people or divisions, auditors can provide useful support.
Are auditors good analysts?
Who is authorised to call themselves an auditor in Germany?
The use of this professional title requires passing a state examination and being sworn in.
Admission to the exam is linked to extensive requirements (studies, several years of auditing experience). In addition, auditors are obliged to undergo continuous further training. The profession is practised in the context of numerous laws, statutes and national and international regulations.
Their qualifications, experience and professional duties, in particular objectivity, independence and duty of confidentiality, form the basis for the special position of trust they can assume.