The German auditors’ professional code requires auditors who perform statutory audits to participate in an external quality control.

We have many years of experience in carrying out external quality controls in accordance with § 57a WPO (auditors’ professional code – peer review). Our peer reviews so far have concerned individual audit practices, companies and partnerships in the medium-sized sector (2-5 partners) up to nationwide audit and accounting firms with several hundred employees.

Our experience shows that the assessment of findings (individual findings or system deficiencies) is of great importance. Accordingly, together with the audit client, we try to prioritize the determination of the facts before an appropriate assessment can be made.

Since external quality control involves a large number of parties, we focus on clear, comprehensible reporting in the quality control report to present our audit results in a well-founded manner both to the client and to the Quality Control Commission at the Chamber of Public Accountants (Wirtschaftsprüferkammer).

In addition to performing an external quality control, we are also available as a contact for the following services:

  • Preparation for participation in peer review
  • Execution of assignment-related quality assurance (report critique, assignment-related quality assurance) for professional colleaguesn
  • Participation in or execution of the review of audit practices