Audit & advisory
Financial statement audits, group audits and special audits with personal attention. Your sparring partner for sound, efficient and future-proof business management.
For us, an audit is not simply a compliance exercise but an instrument that makes companies more secure, more efficient and more fit for the future. We see ourselves not as a pure checking authority but as a sparring partner for management. You benefit from the fact that all our audit staff are also tax specialists.
At DITTRICH, all auditors are also tax specialists. This means we identify tax optimisation opportunities during the audit itself and combine the statutory audit with genuine added value for your company.
You have a dedicated contact person who knows your company and manages the audit efficiently. By using digital audit tools, we minimise disruption to your operations. Large parts of the audit can be carried out remotely; we restrict on-site visits to what is strictly necessary.
We have particular expertise in auditing German subsidiaries of international groups. We conduct audits in both German and English and prepare reporting packages in accordance with the requirements of the respective parent company.
Your expert
CEO
MBA, Tax Consultant, Chartered Accountant, Expert Adviser for International Taxation, Expert Adviser for Customs and Excise Duties
From practice
A new audit client in sand and gravel extraction needed to determine and defend provisions for site restoration and demolition costs. The provisions were accepted by the tax authorities, and the client gained planning certainty and legal security.
Two German subsidiaries subject to a statutory audit had to coordinate with foreign group auditors. The coordination effort fell significantly and reporting deadlines were met reliably without friction.
A municipal company required the extended audit procedures under section 53 of the German Budget Principles Act, including management review and procurement guidelines. The audit was completed in a legally sound manner, on time and without burdening day-to-day operations.
From financial statement audits to business valuations: we advise you on all audit-related questions.
Statutory and voluntary audits for corporations and partnerships under HGB. We audit the bookkeeping, financial statements and management report and issue the audit opinion.
Audit of group financial statements under HGB and IFRS, preparation of reporting packages for international parent companies. Coordination with the group auditor is standard practice for us.
Valuations under IDW S1 for business acquisitions, disputes under company law and tax-related occasions. We determine well-founded business values using recognised methods.
Audit of contributions in kind for AG and GmbH formations as well as capital increases and asset contributions. We confirm the value of the contributed assets.
Merger and transformation audits, equity ratio reviews and public sector audits. We also act as expert witnesses in a reporting capacity.
Audits under specific regulations such as the Property Developers Ordinance or energy sector requirements. We know the sector-specific requirements and apply them in a practical manner.
Our commitment
Auditing means more to us than ticking boxes. We audit personally and with commitment, with a dedicated contact person who understands your business. We complement our audit findings with concrete suggestions for tax optimisation.
A personal audit manager who knows your company and coordinates the audit efficiently
All auditors are also tax specialists and identify optimisation opportunities during the audit
Digital audit processes and targeted on-site visits reduce the burden on your team
We combine audit expertise with tax knowledge and a personal, efficient approach to auditing.
Auditor and tax adviser in one
Audit findings and tax optimisation from a single source
Dedicated contact person for your audit
An audit manager who knows your company and provides continuous support
English-language audits for international groups
Audit execution and reporting in German and English
Digital audit processes with minimal disruption
Efficient remote auditing with targeted on-site visits
FOCUS Top Tax Firm
Recognised as one of Germany's best tax advisory firms
Our audit team is available to help you personally.
Answers to the most important questions about our audit services.
Can't find your question? Get in touchUnder section 316 of the German Commercial Code (HGB), medium-sized and large corporations as well as groups and capital-market-oriented companies are primarily subject to a statutory audit obligation. Companies not subject to a statutory audit, such as small GmbHs or partnerships, may commission voluntary audits, for example to improve transparency towards banks or investors.
A statutory audit is mandatory and governed by legal requirements. Voluntary audits are commissioned on an individual basis, for example for quality assurance, process optimisation or in preparation for financing rounds and business sales.
Yes, we audit under both HGB and IFRS. For German subsidiaries of international groups we also prepare reporting packages that meet the requirements of the respective parent company. We handle all coordination with the group auditor.
IDW S1 is the standard of the Institut der Wirtschaftsprüfer (IDW) for determining company values. It is applied in company acquisitions, corporate disputes, squeeze-outs, succession matters and tax-related occasions. The valuation is based on the earnings value method or the DCF method.
A financial statement audit is structured in four phases: first, audit planning with risk analysis and determination of the audit scope. During the audit itself, the accounts, financial statements and management report are examined. We then prepare the audit report with the auditor's opinion. The process concludes with a closing meeting with management.
Yes, we conduct audits and advisory work in English as a matter of course. Working in English is part of our everyday practice, particularly for German subsidiaries of international groups - both in the audit process and in reporting.
The audit fee is calculated in advance. The most important factors are company size, industry, complexity of the audit and the organisation of the accounting function. Would you like to know what fee to expect? We will prepare an individual, no-obligation quote based on your company's details.
The duration of a financial statement audit depends primarily on the size and complexity of your company and the quality of the preparation. With well-organised documents and clearly structured processes, the on-site audit itself can often be completed within a few days to two weeks. Preparation and follow-up time must also be factored in, for example for audit planning, report preparation and the closing meeting. While audits at small and medium-sized companies can usually be completed within a few weeks, larger companies or groups require more time due to more complex structures and international matters.
Whether it is a financial statement audit, group audit or business valuation - talk to our auditor. The initial consultation is free of charge.
