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With the 6th German Banking Act (KWG) Amendment that came into effect 1 January 1998, the importance of the audit according to the German Banking Act has increased. Most of the institutions that fell under the transitional rule § 64e KWG at that time, were not subject to the auditing duty. Since the size range of § 267 HGB (German Commercial Code) does not hold for these institutes, a consolidated financial statement audit according to the regulations for large corporate enterprises is mandatory.
We carry out consolidated financial statement audits for credit and financial service providers according to § 340 et seq. HGB and § 29 KWG.
We have many years of experience and excellent knowledge of the applicable special regulations, and we also continually invest in the further training of our employees who work in this area of expertise.
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