Insights
Modern Internal Audit for International Groups With German Subsidiaries
Many German subsidiaries of international companies do not have an internal audit function. They do not need one full-time. But they do need one.
Internal audit is the mechanism that gives a parent company real visibility into what is actually happening within a German subsidiary. It identifies control weaknesses before they become problems, checks whether compliance procedures are being followed in practice, and not just on paper, and gives management a documented basis for the decisions they make about governance and risk.
For regulated entities, such as financial institutions operating under BaFin supervision, internal audit is generally not optional. It is a formal requirement, and the function needs to be independent, properly resourced, and genuinely carried out.
We provide internal audit as a service for German entities that need the function without the cost of a permanent in-house team. We plan and execute audit projects based on each entity’s specific risk profile, produce clear findings and recommendations, and support management in tracking remediation. Our team brings experience across financial services, corporate services, and regulated industries in Germany.
For parent companies looking for reassurance that their German subsidiary is being run the way it should be, an independent internal audit is often the clearest answer.
