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About Institut der Wirtschaftsprufer in Deutschland eV
The Institut der Wirtschaftsprufer in Deutschland e.V. (IDW) is a not-for-profit organization serving German public auditors and audit firms. It represents professional interests, provides training, and sets auditing standards, including the German Generally Accepted Standards on Auditing (GAAS). The IDW offers expert opinions, technical support, and continuing professional development. Its target audience includes Wirtschaftsprufer and Wirtschaftsprufungsgesellschaften. The unique selling proposition is its role in fostering the technical domain of public auditors and setting standards that integrate international best practices with German legal requirements, enhancing the credibility and professionalism of its members[1][3][5].
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