The auditor checks the legality of the annual financial statement and the situation report or the consolidated financial statements and consolidated situation reports. In the case of pension companies does the auditor also checks the reports on activities of the investment and risk-sharing groups. In the case of credit institutions the auditing of the annual financial statement also includes the annex to the audit report on the annual financial statement. In the case of insurance undertakings that are subject to the Solvency II Regime, the auditors are subject to additional obligations in performing the audit. For example they are also required to audit the report on the solvency and financial position or to audit the effectiveness of the internal control system, the risk management system and the internal audit while taking into consideration the regulations required for an effective governance system. The findings of the audit are to be presented in an annex to the audit report about the annual financial statement.
German: Abschlussprüfer (7)
Source: FMA AT m. e. E., 30.10.2018