The Institut der Wirtschaftsprüfer in Deutschland e.V. [Institute of Public Auditors in Germany, Incorporated Association] (IDW) is a privately run organisation established to serve the interests of its members who comprise both individual Wirtschaftsprüfer [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 organisation. The IDW's headquarters are situated in Düsseldorf, Germany.
The IDW is a full and founding member of the International Federation of Accountants (IFAC) as well as a full and founding member of the Fédération des Experts Comptables Européens (FEE). The IDW is currently a sponsoring organisation of members of the International Auditing and Assurance Standards Board (IAASB), the International Accounting Education Standards Board (IAESB) as well as IFAC’s Small and Medium Practices Committee (SMPC).
- Representing the professional interests of its members at both national and international levels
- Undertaking technical work relevant to the fields in which its members are active
- Providing training courses and support for trainee Wirtschaftsprüfer and continuing professional development for qualified Wirtschaftsprüfer
- Providing support to members on technical issues in their day-to-day work
Articles of incorporation (View / Download)