Governance in the family business

A clear and efficient organisational structure is essential for the success of a family business. The organisational and operational structure as well as the reporting lines must be designed in such a way that they take into account the specific needs and challenges of a family business. KPMG supports you in developing a structure that both optimises operational processes and improves communication and reporting within the company. In this way, we help to ensure that your company is managed efficiently and transparently.

Sound governance is the key to sustainable corporate management. Family businesses benefit from customised governance and management systems that enhance business performance and meet the expectations of all family members. KPMG is at your side to promote dialogue between family members, set up a family advisory board or supervisory board and develop a code of conduct. We also support you in the implementation and optimisation of internal control systems (ICS), risk management systems (RMS) and compliance management systems (CMS). The non-financial internal control system (nIKS), which integrates non-financial aspects into corporate management and control, expands the existing ICS and thus contributes to even more sustainable and holistic corporate management.

Family businesses are also subject to increasingly complex audits and controls. Efficient risk management is therefore becoming a key issue when it comes to your assets and capital. KPMG supports you in managing risks in your business and shows you how to proactively deal with financing issues, tax strategies and the implementation of control processes. The requirements of IDW PS 98x and other standards are also taken into account, enabling a systematic and sustainable risk and control assessment. Rely on comprehensive services in the areas of compliance and risk management, internal control systems and sustainability management to reliably protect your company against risks.