For fiscal year 2021, 11 accounting firms shared Germany’s audit market of the top companies comprising the DAX 40, MDAX 50 and SDAX 70 indexes trading on XETRA. In general, Germany’s audit market for XETRA-traded top companies in 2021 saw little change from 2020. In our previous audit market analysis, 10 firms audited the top 160 companies. The ranking of those 10 firms remained the same in 2021, with the addition of Baker Tilly auditing a single company.

In this article, Audit Analytics further examines Germany’s audit market of the top companies for fiscal year 2021.