Accounting for you as
Auditor
Discover a new dimension in accounting with Seewara, customised for you as a Auditor with mandatory accounting – without do-it-yourself software and without sole dependence on artificial intelligence.
The good news for you
As a freelancer without a business, you are exempt from the obligation to keep double-entry accounts under the Income Tax Act (EStG), regardless of turnover and profit. The principle of so-called simple bookkeeping applies to you.
Seewara is the best choice for you to have your bookkeeping done by professionals. Find out more about your field of activity and industry here.What you should know
Simple bookkeeping for businesses and the self-employed
Do you understand your accounting requirements? With Seewara, we offer a simple, transparent solution for businesses and the self-employed who want to keep track of their finances.
Who counts as a commercial enterprise?
Commercial enterprises include all companies that do not fall under the category of freelancers according to §18 EStG. This includes, for example, all commercial activities that are not exempt from the accounting obligation by law. Typical commercial enterprises are, for example, trading companies, craft businesses or limited liability companies (e.g. GmbH) that are either voluntarily or legally entered in the commercial register.
Limits for simple bookkeeping
Certain limits apply to commercial enterprises that are not required to keep accounts:
- Turnover limit: 800,000 euros
- Profit limit: 80,000 euros
If your business does not exceed these limits, you can use the simplified income statement (EÜR) instead of complex double-entry bookkeeping.
Self-employed persons according to Section 18 EStG
Self-employed persons who work in one of the catalogue professions are also affected by special regulations. The catalogue professions include, among others:
- Artistic activities
- Scientific activities
- Teaching and writing activities
- Educational activities
These professions are mentioned in the exhaustive list of §18 EStG and are considered to be self-employed regardless of the level of income.
Less bureaucracy, more freedom
Whether you are a tradesperson or self-employed – with our simple accounting solution, you can keep track of everything and save yourself unnecessary bureaucracy. Get in touch with us to customise your bookkeeping to your needs!
What do you actually do as a Auditor?
An accountant, also known as a chartered accountant or auditor, is a professional who reviews the financial records of companies or organisations to ensure that they are accurate, complete and in accordance with legal requirements. The main duties and responsibilities of an auditor include
- Review of financial records: Auditors review balance sheets, profit and loss statements, cashbooks and other financial documents to ensure their accuracy and completeness.
- Compliance: They ensure that the company complies with applicable laws, regulations and accounting standards, including international standards (IFRS) or national regulations.
- Identification of irregularities: Auditors look for anomalies, fraud or errors in financial records and carry out further investigations where necessary.
- Risk assessment: They assess the risks that could affect the company’s financial reporting and develop audit strategies to address these risks.
- Reporting: Upon completion of the audit, auditors prepare audit reports that outline the results of their review, recommendations for improvement and potential risks to the company.
- Consulting: Auditors often provide consulting services to help companies optimise their financial and accounting processes.
- Internal controls: They evaluate the company’s internal control systems to ensure that they are effective and minimise the risk of error or fraud.
- Liaising with management: Auditors work closely with management and other departments to ensure that all relevant information is provided during the audit.
- Education: They keep up to date with changes in accounting standards, tax laws and other relevant regulations.
- Ethics and professionalism: Accountants must adhere to the highest standards of ethics and professionalism to ensure confidence in their work.
Accountants may work in a variety of settings, including public accounting firms, corporate internal audit departments, government agencies or as independent consultants. Their work is critical to the financial transparency and integrity of companies and organisations.