deen
Nexia Ebner Stolz

Publicly Traded Corporations

Companies whose shares are traded on exchanges, financial service providers, insurance companies, and companies that place other securities (such as bonds) on an organized market must always focus not just on their own internal concerns, but on the capital market’s response. Reported profits must meet investors’ expectations; visions for the future should also convince analysts to give the company a positive rating.

The upshot is that pub­li­cly tra­ded com­pa­nies need to act at a fas­ter pace, for example, than family busi­nes­ses. That invol­ves a hig­her deg­ree of over­sight and nume­rous dis­c­lo­sure obli­ga­ti­ons, with more rigo­rous requi­re­ments to be met by the inde­pen­dent audi­tor of finan­cial sta­te­ments.

For example, audi­ting pub­li­cly tra­ded com­pa­nies is sub­ject to Inter­na­tio­nal Finan­cial Repor­ting Stan­dards (IFRSs) and tight time sche­du­les for repor­ting, as a result of the requi­re­ments of secu­ri­ties law or the exchan­ges’ own rules. Ano­ther excep­tio­nal fea­ture is the addi­tio­nal review (enfor­ce­ment) by the Ger­man Finan­cial Repor­ting Enfor­ce­ment Panel (DPR) of finan­cial repor­ting of com­pa­nies tra­ded on the regu­la­ted mar­ket in Ger­many.

Our audi­ting teams meet these strin­gent requi­re­ments. At the same time, pub­li­cly tra­ded com­pa­nies can also bene­fit from our holistic con­sul­ting approach, in which audi­ting and con­sul­ting go hand in hand. That enab­les us to dis­co­ver poten­tial for impro­ve­ments, and to make adjust­ments early on.

Our ser­vices at a glance

  • IPOs
  • Com­p­li­ance
  • Inter­na­tio­nal Finan­cial Repor­ting Stan­dards (IFRSs)
  • DPR audits
  • Share­hol­ders’ mee­tings
  • Sta­tutory spe­cial audits
  • Pre­pa­ra­tion of pro­s­pec­tus
  • Mana­ge­ment board con­tracts
  • Capi­tal Mar­ket law advice
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