Translation of "Audit client" in German

Such record shall include the following data for each audit client:

Our approach to the audit client relationship extends well beyond the performance of the audit.

The Commission will carry out a study on the impact of a more restrictive approach on additional services provided to the audit client.

A cooling-off period of two years should be introduced for key audit partners who take key positions at the audit client.

The Recommendation deals with two key independence issues raised by the collapse of Enron, namely "provision of additional services" by auditors and their "employment with the audit client".

The ultimate safeguard ("prohibition") is not to enter into certain relationships or not to provide certain additional services to the audit client.

This means that provision of additional services to the audit client is only possible if the auditor documents the related risks and the application of adequate safeguards.

Also, partners involved in performing audits should not join the audit client before the end of a two year cooling-off period.

Nevertheless, it deals with the two main auditor independence issues raised by the Enron case so far: the "provision of additional services" and "employment with the audit client".

Moreover, the Recommendation contains a number of horizontal safeguards on his independence such as a declaration in writing to the governance body of the audit client that none of the services provided compromised auditor independence as well as a detailed public disclosure of audit and non-audit fees.

We carry out statutory and voluntary annual audits for our clients, as well as special audits.

For our clients, auditing is more than a standardised, legally prescribed service ...

The team audits clients and their contractors in terms of their compliance with the anti-corruption legislation

There is at present little support for an outright prohibition of all non-audit services to audit clients.

Moreover, our plants are regularly subject to several client audits from the pharmaceutical and chemicals industry.

The CHMP acknowledges that a number of audits by GVK's clients and inspections by competent authorities were carried out at GVK Bio-Hyderabad over a large period without identifying critical findings.

The Committee maintains its position that auditors should be free to provide a full range of non-audit services to entities other than statutory audit clients.

The EESC maintains its position that auditors should be free to provide a full range of non-audit services to entities other than statutory audit clients.

The scale of non-audit services supplied to audit clients should be reviewed and critically assessed by the audit or supervisory committee so as to restrict any conflict of interest between the exercise of professional scepticism and the retention of important client revenues.

The scale of non-audit services supplied to audit clients should be controlled so that the exercise of scepticism cannot jeopardise material sources of revenue.

For example, the Recommendation allows, with the necessary safeguards, the preparation of accounts and financial statements of audit clients other than public interest entities.