The Institute der Wirtschaftsprüfer in Deutschland e.V. (Institute of Public Auditors in

Germany Germany, officially the Federal Republic of Germany, is a country in Central Europe. It lies between the Baltic Sea and the North Sea to the north and the Alps to the south. Its sixteen States of Germany, constituent states have a total popu ...

, Incorporated Association - IDW) is a privately run organization based in

Düsseldorf Düsseldorf is the capital city of North Rhine-Westphalia, the most populous state of Germany. It is the second-largest city in the state after Cologne and the List of cities in Germany with more than 100,000 inhabitants, seventh-largest city ...

established to serve its members who comprise both individual Wirtschaftsprüfers (German Public Auditors) and Wirtschaftsprüfungsgesellschaften (German Public Audit firms). The IDW was established on a voluntary basis rather than having been established under German law. In accordance with its Articles of Incorporation, the IDW does not operate as a commercial business and is a not-for-profit organization. Membership was 12,979 full members, of whom 11,959 were German public auditors (87% of all German public auditors) and 1,020 were German public audit firms.

Mission

In accordance with its by-laws, the organization fosters the technical domain of the public auditor and represents the interests of the profession. The IDW does this both nationally and internationally through collaboration within the various committees, and with permanent and ad-hoc IDW working parties in cooperation with technical staff at the headquarters in

. The organization: * Represents the professional interests of its members at national and international levels; * Undertakes technical work relevant to the fields in which its members are active; * Provides training courses and support for trainee public auditors and continuing professional development for qualified public auditors; * Provides support to members on technical issues in their day-to-day work.

Technical work

The IDW's technical work is mainly apparent in: * statements in the form of expert opinions, IDW auditing standards and IDW opinions on accounting, IDW standards, information and working aids; * comments on draft statutes, regulations, position papers and technical standards at both national and international levels; * expert opinions provided in response to members' questions involving accounting and auditing and advice on taxation and management. The IDW also provides: * membership of committees in various organizations, among them the Fédération des Experts Compatibles Europeans (FEE) and the International Federation of Accountants (IFAC);International Federation of Accountants (IFAC)
/ref> * political contacts on issues affecting the profession through IDW offices in

Berlin Berlin ( ; ) is the Capital of Germany, capital and largest city of Germany, by both area and List of cities in Germany by population, population. With 3.7 million inhabitants, it has the List of cities in the European Union by population withi ...

and

Brussels Brussels, officially the Brussels-Capital Region, (All text and all but one graphic show the English name as Brussels-Capital Region.) is a Communities, regions and language areas of Belgium#Regions, region of Belgium comprising #Municipalit ...

* representation of the profession to the press and the public.

References

External links

Institute of Public Auditors in Germany, Incorporated Association - IDW
{{DEFAULTSORT:Institut der Wirtschaftsprufer in Deutschland Accounting organizations Auditing organizations Non-profit organisations based in North Rhine-Westphalia Member bodies of the International Federation of Accountants