According to § 53 HGrG (German Law on Budgetary Procedures), a propriety audit of the management is to be carried out at the request of the shareholder in all companies with the private law form of organisation, by which more than 50% of the shares are located in the hands of a regional administrative body.

In general, beyond examining simply the conduct rules specified contents of the audit we will also examine further fields (e.g. dunning and claims process) for correctness and necessary controls. The audit observations made could result in essential suggestions for improvement and optimisation of operational procedures and controls for the management.