Small and medium sized entities particularly often outsource specific business activities.
Compilation of financial Statements
A Wirschaftsprüfer may, for example, be engaged to prepare annual financial statements.
Further entity functions
In addition, there is a broad spectrum of different functions where a Wirschaftsprüfer may provide support: in relation to the reporting system, payment transactions, payroll accounting, internal audit or by assuming (for a temporary period) management’s function.
Data security
Since the significance of data security is continuously increasing, and with it the obligations for entities the function of data security officer is increasingly being assigned to a Wirschaftsprüfer.
