During a guest lecture given by BDO Assurance GmbH Wirtschaftsprüfungs- und Steuerberatungsgesellschaft on October 28, 2025 students enrolled in the Bachelor’s program in Finance, Accounting & Taxation gained insight into the risk assessment processes used by auditors during the annual audit.
As one of Austria’s leading auditing and consulting firms, BDO stands for a high level of professional competence, practical solutions and close cooperation with business and education.
The speakers, auditors Kevin Kreuzer and Teresa Feichtner, discussed various aspects of risk assessment in annual financial statements and the detailed procedure for balance confirmations in practice with the students. The students’ expertise in identifying possible misstatements and risks based on detailed documents was put to the test in a case study.
The event concluded with a lively discussion on the importance and significance of audit reports and audit opinions.
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