As an independent auditing firm, we conduct statutory and voluntary annual and consolidated financial statement audits in accordance with HGB and IFRS. Our focus is on structured, risk-oriented auditing that adds value – clear, efficient, and comprehensible.
Are you required to have an annual audit?
As an experienced auditing firm, we have been assisting companies from a wide range of industries with their annual audits for many years – whether required by law or voluntarily commissioned. Our risk-oriented audit approach ensures maximum efficiency and targeted audit procedures without placing unnecessary strain on your resources. Quality, reliability, and personal support are our top priorities. You benefit from clear processes, digital tools, and a dedicated contact person who accompanies you throughout the entire audit. Find out now whether your company is subject to audit – and how we can provide you with optimal support.
Determination of the obligation to audit
Use the sliders to set your company data for the last two or future fiscal years. The check is performed automatically—you must meet at least 2 out of 3 criteria in two consecutive years.
First year
0 / 3 criteria metSecond Year
0 / 3 criteria metLegal basis
According to Section 316 of the German Commercial Code (HGB), corporations are subject to audit if they exceed at least two of the three thresholds in two consecutive fiscal years:
Total assets: 7.500.000 €
Sales revenue: 15.000.000 €
Employees: 50
Your advantages of our annual audit at a glance
Fast and efficient audit execution:
Through good planning and digital tools, we keep the audit duration short and conserve your internal resources.
Personal support:
A dedicated contact person (auditor) is available to you at all times and accompanies you through the entire process.
Highest professional competence:
An experienced, well-trained team audits according to current standards and with in-depth expertise – nationally and internationally.
Added value for your company:
Beyond the audit opinion, you receive concrete recommendations for improving processes and strengthening your internal control system.
Reliability and trust:
We work independently, objectively and strictly according to professional standards – so you and your stakeholders can have full confidence in the audited financial statements.
Flexibility for medium-sized businesses:
Whether statutory audit, voluntary audit or special audit – we adapt to your needs and find pragmatic solutions tailored to your company.
Our risk-based audit approach
Efficiency through focus on what matters
In our annual audit, we follow a risk-based approach. This means: We focus on areas with the greatest risk of material misstatements in the financial statements. This ensures an effective, economical and compliant audit.
Our approach is divided into four phases:
Analysis
→
Assessment
→
Audit
→
Report
1
Understanding of company, processes and systems
We start with a comprehensive analysis of your company.
2
Risk assessment
Based on the information obtained, we identify specific risks of material misstatements in the financial statements.
3
Audit procedures
Our audit procedures are specifically targeted at the identified risks.
4
Reporting
After completing the audit, we prepare a report on the results.
THESE ARE YOUR CONTACTS
Justus Franke
Managing Director,
Auditor
Justus Franke is managing partner at ADVANTA. As an auditor and consultant, he supports financial institutions and companies in conducting annual audits as well as in auditing governance, risk and compliance structures.
Lena Franke
Managing Director, Auditor
Lena Franke is managing partner at ADVANTA. As an auditor and consultant, she is responsible for annual audits as well as the review and implementation of regulatory requirements with a focus on business strategy, risk management, credit and trading processes, and ESG requirements.
ADVANTA GmbH Wirtschaftsprüfungsgesellschaft is registered as a statutory auditor with the Chamber of Public Accountants.
