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Europe's premier networking event for the wind industry2628 JUNE 2018 | SWISSES BREMEN | BREMEN, GERMANY Project experience with design, installation and manufacturing of offshore foundations Marcus
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Germany's WPD (Wirtschaftsprüfungsgesetz, or Economic Auditors' Act) refers to regulations that govern financial audits and the requirements for accountants in Germany to ensure compliance and independence from the entities they audit.
Entities that are subject to financial audits in Germany, including corporations and certain types of partnerships, are required to comply with Germany's WPD regulations and submit relevant filings.
To fill out the WPD, organizations must gather their financial information, ensure adherence to auditing standards, and provide documented evidence of their financial practices in the prescribed format.
The purpose of Germany's WPD is to enhance the quality and integrity of financial reporting by ensuring that audits are conducted independently and that financial statements fairly represent an entity's financial position.
The report must include financial statements, notes to the financial statements, auditor’s opinions, and disclosures related to compliance with accounting and auditing standards.
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