As a medium-sized company, you rely on your annual and consolidated financial statements being audited in a clear, precise and compliant manner. We apply the Auren audit approach to our audits, which meet the strict requirements laid down in the “International Standards on Auditing” (ISA) of the International Federation of Accountants (IFAC). As a member of the IFAC Forum of Firms, we are committed to the highest international quality assurance standards.

Continuity in our audit teams ensures that we conduct an audit efficiently, thereby minimising the time spent on the audit and the costs incurred by your company. Our audit managers combine a business focus and an in-depth understanding of your specific concerns, thus ensuring that an audit provides your company not only with certainty but also valuable input.

The preparation of annual and consolidated financial statements requires the utmost accuracy and expertise. At Auren, we support you in preparing your financial statements on a timely basis, in compliance with HGB, IFRS or other international standards. Our experienced experts ensure that all relevant legal and tax requirements are satisfied while at the same time providing valuable insights into your company‘s financial position.

Our services cover the complete preparation of both your annual and consolidated financial statements. With a deep understanding of your specific requirements, we provide not only a reliable foundation for your reporting obligations but also strategic recommendations to further enhance your financial performance.

Reviews of annual financial statements offer an efficient way to enhance credibility without the extensive requirements of a full audit. This service, conducted in accordance with IDW PS 900 guidelines, is based on plausibility assessments that enable a critical evaluation of the financial statements.

Our experts contribute in-depth specialist knowledge and many years of experience to ensure the clarity and transparency of any reviews, which means both internal and external stakeholders can trust them.

Given the increasing regulatory and social pressure, companies are faced with the challenge of presenting the sustainability of their business operations in a transparent manner. Investors, clients and suppliers are placing more and more importance on informative ESG reports, as these have a significant impact on the sustainable value of a company and its financial stability. Sustainability must be integrated into the business strategy in order for a company to be resilient and sustainable in the long term.

Our services include support for implementing sustainability reports that conform to the Corporate Sustainability Reporting Directive (CSRD) and EU Taxonomy, as well as audits of non-financial reports and supplementary governance reviews. These solutions provide the basis for a sustainable business and assist you with meeting regulatory requirements and future-proofing your corporate strategy.

Special audits are necessary by law in certain situations and require the highest degree of accuracy and expertise. We assist you with conducting these special audits, which go beyond the regular audit of annual financial statements, including incorporation audits, audits for capital increases, special audits under Section 142 of the German Stock Corporation Act (AktG) and audits for corporate restructuring measures.

Our experienced auditors carry out statutory special audits in accordance with the highest standards in order to provide you with reliable and substantiated results. By means of careful analysis and documentation, we provide you with the assurance that all legal requirements are met and potential risks are identified at an early stage. We support you during the entire process and ensure that the audit reports are transparent and legally watertight, and can thus be trusted by the shareholders, investors and supervisory authorities.

A functioning risk management system and an effective internal control system (ICS) are prerequisites for identifying business risks at an early stage and managing companies on a sustainable basis. Reliable monitoring and early warning systems that provide accurate data for strategic decisions are essential not only in order to meet legislative requirements but also to support a company’s successful performance. We assist you with developing these systems and review their effectiveness by conducting extensive audits.

Our services include designing process-integrated control systems, establishing an independent internal audit department and developing integrated risk management systems with early warning functions. Our audits provide you with the certainty that your control functions are working reliably and are delivering accurate and timely information relevant to any decision-making.

Today, almost all business-related processes are IT-based, from order acceptance and order management to financial accounting. A comprehensive audit of IT systems ensures reliable, error-free data processing and safeguards against potential risks such as data loss or interface disruptions. We provide you with a risk-based IT systems audit that is tailored to your specific requirements and optimises management decisions through precise data analyses.

Our IT system audit not only provides assurance for your accounting systems but also enhances the effectiveness and efficiency of your internal processes. This is especially valuable following change management processes, restructuring or the implementation of new IT systems. Our services include IT system audits as part of the audit of the annual financial statements, special audits based on established procedures and process advice on changes in the IT area.

An effective compliance management system (CMS) ensures that companies comply at all times with legal and regulatory requirements and identify compliance risks at an early stage. We review your CMS and analyse it for any weaknesses. A regular audit of your compliance system creates trust among stakeholders, protects you from risks and contributes to safeguarding the value of your company in the long term.

Our audits include the analysis and assessment of key elements of a compliance management system, such as risk identification, monitoring processes and control mechanisms. Our experts audit the functionality and effectiveness of your CMS on the basis of internationally recognised standards such as IDW PS 980, and prepare comprehensive audit reports that provide you and your supervisory bodies with valuable insights and recommendations for action.

Specific requirements for proper corporate governance apply to companies and owner-managed enterprises with public bodies as shareholders. This audit ensures that the principles of efficiency and economy are observed, as stipulated in Section 53 of the Budgetary Principles Act (Haushaltsgrundsätzegesetz, HGrG). Where political subdivisions have a shareholding of 50% or more, the audit of the annual financial statement must be expanded to include this special audit – an important measure for ensuring the efficient use of public funds.

The audit of proper corporate governance is carried out in accordance with the guidelines set out in IDW PS 720. We audit corporate governance for compliance with the legal requirements and prepare detailed reports that provide a solid decision-making basis for supervisory bodies and stakeholders. In addition, we assist you with setting up documentation and verification systems that promote transparent management.

Although the acquisition of a company may be a strategic opportunity, it also entails significant risks. Without a thorough due diligence review, unexpected challenges or hidden financial liabilities could jeopardise the value of your investment. We understand the importance of a precise analysis and will support you with an experienced team that will identify any possible risks and provide you with a sound decision-making basis.

Our due diligence reviews include a detailed analysis of all relevant business divisions, covering financial due diligence, tax and legal aspects, as well as market and strategic factors. As part of the financial due diligence, we review in particular the asset structure, profitability and cash flow potential in order to assess the appropriateness of the purchase price and ensure that your investment is economically viable.

Knowing a company’s value is crucial in many situations, whether for a planned sale, succession planning,or shareholder disputes. Company valuations not only provide commercial insights but also form a basis for strategic decisions and tax obligations. Our experts will support you in the precise determination of the value of the company and a well-founded purchase price allocation.

We combine many years of experience and industry expertise to provide an objective and market-oriented valuation. Based on the standards of the Institute of Public Auditors in Germany (IDW S 1), we assess the earnings outlook and intangible assets in accordance with IDW S 5, while also considering the relevant tax and legal frameworks.

International accounting represents a key challenge that many companies in Germany are facing today. Whether you, as part of an international group, are working with IFRS, US GAAP or any other international standards, or are planning the transition from HGB (German Commercial Code) to international accounting, accurate and compliant financial reporting is essential. Auren will support you in drafting and auditing the international financial statements, in the transition to global standards and with specific issues such as revenue recognition and deferred taxes.

Our team of experienced specialists has in-depth knowledge of international accounting and will guide you through each step. Our advice ensures that you not only comply with all legal requirements but also obtain valuable insights for your financial strategies and international communication.

Corporate transactions give rise to numerous challenges, from tax and legal requirements to providing specific financial information. We provide you with comprehensive support in the field of transaction accounting advisory services, before, during and after the transaction.

Our advice covers all material aspects, including advice on sales and purchase agreements (SPA), the tax structuring of the transaction and valuation services. We support investors who finance acquisitions through capital markets, for example, in preparing and auditing pro forma financial information. On the sale side, we draft combined financial statements for carve-out transactions, which must be prepared under IFRS and audited over several years. These services require the precise collection and preparation of data to ensure transparent and compliant reporting.