Corporate Governance

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Transparency

Transparency and our goal of informing our shareholders and the public quickly, comprehensively, and simultaneously are top priorities for our corporate communications. That is why current developments and key company information are announced on our website as soon as possible.

As well as detailed information and updates on corporate governance at Beiersdorf, the Company’s reports (annual and interim reports), an Financial Calendar with all key events and publications, Ad hoc Disclosures, and Directors’ Dealings are published here.  

 

Accounting & Auditing

The Beiersdorf consolidated financial statements and the interim reports are prepared in accordance with the principles of the International Financial Reporting Standards (IFRS). The annual financial statements of Beiersdorf AG are prepared in accordance with the provisions of the Handelsgesetzbuch (German Commercial Code).

 

Our auditors examine the Company's risk management system; we continuously develop this system further and adjust it to our changing operating environment. Further information on risk management at Beiersdorf can be found in the management report included in our Annual Report.

 

The Annual General Meeting on April 30, 2008 elected the Stuttgart-based Ernst & Young Aktiengesellschaft Wirtschaftsprüfungsgesellschaft as the Company's auditors for fiscal year 2009.

 

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