Assistent für Wirtschaftsprüfung/Assistentin für Wirtschaftsprüfung

Key publications and resources in this field include: BC - Journal for Accounting, Bookkeeping and Controlling, BFuP - Business Research and Practice, DER KONZERN, The Auditors in Germany, Finance - Portal for Finance and Accounting, Review of Economics. Yearbook for Economic Sciences, Auditing Practice PRev, Becoming an Auditor, WPg The Audit, WPK Magazin. Communications of the Chamber of Public Accountants.

The use of artificial intelligence (AI) is increasing in tax consulting and auditing. High-performance scanners can now quickly scan large volumes of documents, eliminating the need for manual sorting, typing, and filing. In the future, AI will automatically read documents, recognize information such as invoice numbers and amounts, and determine applicable taxes. Accounting entries and bookings will primarily be automated. This allows tax consultants and auditors to focus more on advisory tasks.

Assistants for auditing typically work in office and meeting rooms or at the client's premises. They may also work from home or remotely, depending on the situation.

Core competencies generally required in this profession include: Reporting, Information Management, Business Administration, Valuation Law, Balance Sheet Analysis, Bookkeeping Audit, Financial Management, Company Law, Expert Appraisal Activities, Annual Financial Statements, Accounting according to HGB (German Commercial Code), Account Auditing, Tax Law, Management Consulting, Auditing. Other competencies that may be important for practicing this profession include: Business Restructuring, Balance Sheet Preparation, Creditworthiness Check, Bookkeeping, Controlling, Inheritance and Gift Tax, Financing, Trade Tax, Real Estate Transfer Tax, Commercial Law, Insolvency Administration, Insolvency and Restructuring Law, Municipal Tax Law (KAG), Corporate Tax, Cost and Performance Accounting, Rating, Revision, Trusteeship, Business Valuation. Other relevant skills and knowledge: Competence group 'Business, Finance, and Controlling Software'.

Assistants for auditing participate in business audits, conduct them independently and impartially, and diligently maintain their duty of confidentiality. They work autonomously, systematically, carefully, and meticulously. They complete subtasks independently but are always in contact with auditors, colleagues, and clients. Communication skills are important in client contact and collaboration with auditors and other expert teams. Assistants for auditing perform many of their tasks in the office at a computer. Discussions with clients take place either at their premises or in the firm's offices. During a company audit, they often work directly on-site. For consulting appointments, they adapt to the time preferences and needs of their clients, so appointments...

Information regarding earning potential for this professional activity cannot be provided. Salary information varies; please check BERUFENET.

Tax consulting, auditing, practices of auditors and sworn accountants, auditing firms. Also, practices of tax consultants and tax consulting firms. Economic and professional associations, trade unions, specifically the Chamber of Public Accountants. Economic and employer associations, such as cooperative auditing associations and auditing departments of savings bank and giro associations.

Employers often expect a completed university degree (Studium) in an economic or legal field. Specializations in taxation, auditing, accounting, or financial economics are advantageous.

Taxation, auditing (undergraduate and postgraduate); finance and accounting, controlling (undergraduate and postgraduate); banking, financial services (undergraduate and postgraduate); commercial law (undergraduate and postgraduate); law (First Legal Examination, undergraduate excluding First Legal Examination, and postgraduate).

Audit assistants find employment in economic or tax consulting practices, with auditing or tax consulting firms, in cooperative auditing associations and auditing departments of savings bank and giro associations, and at the Chamber of Public Accountants.

Assistant - Auditing. Other common job titles/synonyms include Junior Consultant, Audit Assistant, Auditing Assistant. Job titles in English are Audit Assistant (m/f) and Auditing Assistant (m/f).

Audit assistants support auditors in business audits within companies.

Job and application platforms such as bankjob.de, beck-stellenmarkt, Kanzlei-Job.de, Karriere-Jura, LegalCareers, NWB Rechnungswesen-Portal.de, TaxTalents - Der Stellenmarkt für Steuerprofis.

Associations and organizations like the Institute of Public Auditors in Germany (IDW), United Services Union (ver.di), and the Chamber of Public Accountants (WPK) - a public corporation.

Responsibility for assets (e.g., assisting auditors in the fiduciary management of third-party assets), adherence to various regulations and legal requirements (e.g., observing legal texts, accounting standards, auditing standards, and collections of decisions), client contact (e.g., explaining complex matters to clients), frequent absence from home (e.g., obtaining missing information for on-site business audits), screen work, office work, irregular working hours (e.g., adapting to clients' time preferences and needs for appointments).

Documents: Economic efficiency analyses, annual and consolidated financial statements and audit reports, accounting documents, balance sheets, tax declarations, expert opinions, legal texts, (international) accounting standards (IFRS), collections of decisions. Office equipment: PC, internet access, telephone, video conferencing tools.

Assistants for auditing participate in the auditing of annual and consolidated financial statements. They document the results in comprehensive audit reports. They also prepare expert opinions or compile reports and statements. They support auditors, for example, in company valuations. If not all information is available for an audit, they procure the missing data. Assistants, together with auditors, may also take on consulting tasks, for example, in tax or management consulting.

Adaptation training helps to keep professional knowledge current and adapt to new developments (e.g., in auditing, annual financial statements, or tax law). Furthermore, the trend of using Artificial Intelligence in tax consulting and accounting can become an important further training topic for assistants for auditing.

Further training for career advancement (Aufstiegsweiterbildung), specifically designed for university graduates, builds upon existing qualifications. It offers the opportunity to expand one's competence profile and enhance career prospects (e.g., through further training as a Wirtschaftsprüfer/in (auditor)). Bachelor graduates can expand their professional and career opportunities through further Studium (higher education studies), for example, in the fields of taxation, auditing, finance and accounting, controlling, or commercial law. A doctorate is generally required for an academic career at a university; an Habilitation (postdoctoral qualification) is usually needed for appointment as a university professor. A doctorate may also facilitate access to higher professional positions in the private sector, research, and public administration.

Participate in company audits and valuations. Procure missing information for business audits. Support Wirtschaftsprüfer/innen (auditors) in company valuation, e.g., compare previous year's audit results, control transactions. Document results in audit reports. Assist Wirtschaftsprüfer/innen with organizational and expert activities. Prepare reports and statements. Create balance sheets and tax declarations. Prepare restructuring reports. Maintain contact with clients (Mandanten/Mandantinnen). Explain complex matters. If necessary, advise clients on business and tax issues.

The following lists professions or activities that show similarities to the initial profession. These professions represent a possible alternative for applicants. Furthermore, employers can consider individuals from these professions as alternatives for filling a position in the initial profession. Some alternative professions only encompass partial activities of the initial profession, while others require an induction period, which can vary in length in individual cases. The following immediate employment and staffing alternatives are available for the profession of Assistent/Assistentin für Wirtschaftsprüfung (assistant auditor): Job and staffing alternatives for the overall activity (usually short induction): Business Economist (Hochschule) for Banking and Financial Services (Betriebswirt/Betriebswirtin (Hochschule) für Bank und Finanzdienstleistungen). Business Economist (Hochschule) for Accounting and Controlling (Betriebswirt/Betriebswirtin (Hochschule) für Rechnungswesen und Controlling). Business Economist (Hochschule) for Taxes and Auditing (Betriebswirt/Betriebswirtin (Hochschule) für Steuern und Prüfungswesen). Lawyer (Jurist/Juristin). Commercial Lawyer (Wirtschaftsjurist/Wirtschaftsjuristin). In related professions: Business...