Rely on a highly responsive team for your audit
Our consultants are used to working with companies that must undergo a financial audit. Supported by a network of partners, we can carry out regular and restricted controls. The two main advantages of working with SAFE are proximity and reactivity. Indeed, by subscribing to an audit with SAFE, you will have the opportunity to have a trusted interlocutor who will answer all your questions.
The Audit in Switzerland
The purpose of the operation
Some companies based in Switzerland are required to have their annual accounts audited. This ensures that the annual accounts presented in the financial statements comply with the applicable accounting standards. In addition, this operation serves to verify that profits have not been dissimulated. This procedure takes place after the closing of the accounts.
The different forms of Audit
There are two distinct forms of Audit which differ according to the size of the company being assessed. Companies can be subject to a restricted control or to an ordinary control. It is important to note that other types of entity can also be subject to an audit:
- Associations and foundations
- Occupational pension funds
- Public organizations
The Audit expert
The Audit expert is the person authorized to sign the final decision of the Audit. The auditors of our firm as well as those of our partners, members of EXPERTsuisse, can accompany you whatever the Audit you have to face.
The Audit standards
Teams performing Audits must comply with certain national and international standards in the areas of accounting, good governance and anti-money laundering. The following standards can be mentioned:
Audit: The Ordinary Control
The ordinary audit is a requirement for the largest companies, namely those which exceed two of the following three thresholds during two consecutive accounting years:
Audit: the restricted control
For other companies which are not subject to ordinary control, the restricted control is applied. This is less demanding in terms of procedures. According to the Swiss Code of Obligations, it is even possible to waive this limited control if the average workforce of the company is less than 10 full-time employees, by exercising the opting-out clause and having the unanimous agreement of the shareholders. Conversely, a particularly cautious company may choose to submit to an ordinary control even if it is not payable in its case, by exercising an opting-up clause.
Do not hesitate to call on the auditors of SAFE to be in compliance with legal requirements!
We answer all your questions
Please do not hesitate to fill in the contact form or to call us directly. We respond to all the requests we receive. We are open from Monday to Friday from 8am to 5pm.