Specialized Audit Engagements
Audit of financial statements or financial presentations for special purposes
A traditional annual financial statement is not always sufficient to meet the specific information needs of third parties, such as banks, grant providers, or licensing partners. We perform audits of financial statements for special purposes (pursuant to IDW PS 480) as well as audits of individual components or financial presentations (pursuant to IDW PS 490). Whether it involves proving compliance with loan covenants, certifying revenue figures for royalty statements, or providing evidence of the use of funds for grants: we deliver tailored assurance. Our expertise in this area lies in the precise translation of individual contractual or regulatory requirements into a robust audit opinion. We understand not only the accounting principles but also the underlying contracts and conditions, ensuring that your financial information is accepted by the respective addressees without objection.
Audit Review according to IDW PS 900
A comprehensive annual audit is not always necessary or legally required to strengthen the confidence of addressees in your figures. With an audit review according to IDW PS 900, we offer an efficient alternative that provides limited assurance on your financial statements through critical assessment. Our expertise is demonstrated here through the targeted application of analytical audit procedures and inquiries: we do not lose ourselves in details but, with a trained eye and industry experience, quickly identify significant plausibility gaps. This provides you with a cost-efficient validation of your financial data, significantly increasing your credibility with stakeholders without tying up your internal processes as much as a full audit.
Audits of Foundations and Associations
Foundations and non-profit associations bear a special responsibility toward donors, members, and the public. The audit of the annual financial statements or the use of funds therefore serves not only to fulfill legal requirements but is an essential instrument for strengthening transparency, proper management, and trust in the organization.
We have many years of experience in auditing non-profit organizations and are familiar with the specific requirements of foundation and association law. Our audits cover the regularity of accounting, the use of funds in accordance with the statutes, and compliance with tax regulations for non-profit entities. In doing so, we ensure clarity, traceability, and respect for the unique structures of the non-profit sector.
The responsible professional personally oversees the audit and ensures close coordination with the board, management, and committees. Important issues can thus be discussed promptly and solutions implemented quickly.
Audit of Reorganizations
Corporate reorganizations, whether mergers, demergers, spin-offs, or changes in legal form, are complex legal and accounting procedures that often require a statutory audit under the German Reorganization Act (UmwG) to ensure legal certainty. Our task is to confirm compliance with all formal requirements as well as the appropriateness of the accounting basis and exchange ratios. This serves in particular to protect creditors and minority shareholders. Our expertise lies in the interdisciplinary combination of auditing and tax consulting: we possess specialized knowledge of the UmwG and are able to fully take into account the complex tax and accounting implications. As a result, we offer you not only the necessary certification but also a smooth, legally secure accompaniment of the entire transformation process.
MaBV Audits (Broker and Commercial Developer Regulation)
The annual audit according to the Broker and Commercial Developer Regulation (MaBV) is perceived by many companies as a formal obligation. In fact, however, it offers valuable insight into the regularity and economic efficiency of business processes. A carefully conducted MaBV audit strengthens the trust of customers, business partners, and supervisory authorities—and at the same time creates transparency regarding internal processes and payment flows.
Our auditors have extensive experience in conducting MaBV audits and are familiar with the specific challenges faced by property developers, real estate brokers, and property managers. Based on the requirements of the MaBV and the relevant IDW standard PS 830, we audit compliance with statutory duties, the proper use of client funds, and the company's internal control mechanisms.
The responsible professional personally oversees the audit and is available as a direct contact throughout the entire audit period. This allows for matters to be clarified quickly and necessary measures to be implemented in a targeted manner. Our clients benefit from a transparent audit process, clear recommendations for action, and a reliable confirmation to the supervisory authorities.
Audits pursuant to the Packaging Act (VerpackG)
For companies that put packaging into circulation, the requirements of the Packaging Act (VerpackG) are a central part of their legal responsibility. The audit of the declaration of completeness pursuant to Section 11 VerpackG ensures that quantity reports are correct, system participation requirements are met, and proof is fully provided to the Central Agency Packaging Register (Zentrale Stelle Verpackungsregister).
However, this legally mandated audit offers far more than pure compliance security: it creates transparency regarding quantity flows, improves data quality, and ensures that internal processes are robust and traceable.
Our auditors have sound experience in the field of VerpackG audits and, based on the relevant standards, audit the accuracy of the reports, the volume of packaging quantities, and the system participation obligations. In doing so, we take industry-specific characteristics into account and support companies in further developing efficient structures. The results provide you not only with the legally required proof but also with valuable impulses for optimizing compliance and process quality.
Audit of Proper Management
In certain constellations, shareholders request an assessment of the propriety of management by an external auditor. We are pleased to support you by auditing or analyzing specific topic areas and/or accounting transactions agreed upon with you, in order to provide you as a shareholder with our findings to evaluate whether the management has acted properly and in alignment with the corporate objectives.
Confirmations for Banks and Investors
Banks and lenders often agree on covenants with the companies they finance to minimize their risk by ensuring that the debtor fulfills specific contractual conditions.
We are happy to assist you by investigating and confirming compliance with the established covenants, for example, through EBITDA/KPI certificates or Covenant Compliance Certificates.
