Our core task is to carry out statutory audits of annual financial statements. These are audits that - depending on the size of the company - may only be carried out by certified accountants and/or auditors by law. These are so-called ‚reserved tasks‘.
Another area of activity is the performance of voluntary audits of annual financial statements and other business audits. These include formation, merger, profitability, due diligence and embezzlement audits.
The third field of activity to be mentioned here is tax consultancy; auditors may work in this field even if they are not explicitly tax consultants.
Auditors are therefore authorised, among other things, to prepare annual financial statements, accept permanent mandates with financial and payroll accounting and prepare tax returns.
Management consultancy is now also an important field of activity for auditors: with their broad-based business management expertise, they can advise clients on the preparation and implementation of company acquisitions and sales, strategic and/or organisational issues or IT topics, for example.
For the sake of completeness, the activities as appraisers, experts and trustees should also be mentioned; auditors are particularly suitable for these activities:
When they are appointed, auditors swear a professional oath. In doing so, auditors undertake to fulfil their professional duties responsibly and diligently, to maintain confidentiality and to prepare reports and expert opinions conscientiously and impartially.
By fulfilling their duties, auditors make an important contribution to building a trusting working relationship.
And trust plays an important role not only in expert opinions and fiduciary relationships, but in the collaboration itself.
The self-auditing prohibition must be observed for all activities.