Our expertise. We provide support for IT audits and IT system audits, in the analysis and preparation of data, or in the area of IT governance and restructuring.
range of consulting services.
it audits | it system audit.
data analyses | data preparation.
data protection audit.
it due diligence.
it-governance | restructuring.
it audits | it system audit.
Within the scope of a risk-oriented auditing approach, IT system audits or the IT audit is an essential component of the audit of annual financial statements. The objective of the audit is an assessment of the error risks, that is to say, the risk of a significant error in the IT system, to an extent that it is relevant for accounting. IT systems relevant for accounting are related not only to financial accounting, but also, for example, to merchandise management, payroll accounting, and online banking systems. We do not limit ourselves only to conclusions, but also systematically point out vulnerabilities. In addition, we will provide you with valuable impulses for increasing efficiency and effectiveness in the existing IT business processes and IT-related business processes (organizational, technological and operational).
Conducting IT audits under IDW PS 330, 331, 850, 951
Certification of software products (software certificate IDW PS 880)
Certification of service-related internal control systems (IDW PS 951, ISAE 3402)
Preliminary check for audits (data media transfer)
With our analysis software (IDEA), which is also used by the tax authority within the scope of business or tax audits, we are in a position to import, structure, and analyze large quantities of data, and in so doing, discover structural errors or attempted fraud.
Journal entry testing (JET)
Process mining (SAP processes)
IT investigations for cause, among other things, due diligence, insolvency law, labor law, IT forensics
Complex data protection requirements according to the EU General Data Protection Regulation make the situational requirements for companies unclear. We review all of the procedures surrounding data protection for our clients and the appropriateness of the respective data protection environment.
Conducting a process analysis
Developing recommended actions
Data protection Quick-Check
Evaluation of the principles, procedures and measures in accordance with the EU General Data Protection Regulation and the Federal Data Protection Act (IDW PH 9.860.1) [Institute of Public Auditors in Germany, Incorporated Association, IDW].
In center stage of IT due diligence analysis are risks and potential for improvement in the areas of IT infrastructure, IT business operations, assessing the degree of digitalization—potential for post-merger integration. IT due diligence ensures that the synergies in these areas are estimated realistically and fully. The investigations provide an overview over the existing strengths and weaknesses of the operative areas of the company, including their effects on the key financial figures. In addition, they furnish approaches for measures to be taken after concluding the transaction.
Guidance in IT consolidation within the context of post-merger integration