From a German point of view it is surprising that every baker or butcher in Switzerland is allowed to call himself a “Wirtschaftsprüfer” (WP) or to found a Treuhand-AG. The professional title “Wirtschaftsprüfer” is not protected in Switzerland. Anyone who now wants to know whether a confirmation comes from a “genuine” auditor can easily find this out on the Internet, because the names are listed at www.treuhandkammer.ch.
If it is not a WP who is a member there, then any attestations and confirmations are obviously worthless according to the professional code of conduct of the Chamber of Trustees. A conversation with lawyers in Switzerland reveals that it unfortunately happens all too often that “fake” auditors make “declarations of convenience” – a circumstance that can also have criminal repercussions in Switzerland.
(www.experten.de on 01.02.2007)
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PhD, MBA, MM
Dr. Johannes Fiala has been working for more than 25 years as a lawyer and attorney with his own law firm in Munich. He is intensively involved in real estate, financial law, tax and insurance law. The numerous stages of his professional career enable him to provide his clients with comprehensive advice and to act as a lawyer in the event of disputes.
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