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Auditing of accounting by supervisory boards

News from 01.12.17

Under the heading, “Blind trust is out of the question,” Prof. Dr. Roderich C. Thümmel conducted an interview in the November edition of Der Aufsichtsrat (The Supervisory Board) with Prof. Thorsten Grenz, member of several supervisory boards and president of the Financial Experts Association. The interview addressed the question of the extent to which the supervisory board may rely upon auditors and in what respect the supervisory board has its own auditing duties The interview can be downloaded as a PDF hier.