Accounting
Before the annual financial accounts are drawn up, the appropriate standard must be determined, which follows the annual accounts. Depending on the situation, an OR annual financial statement, financial statements in accordance with Swiss GAAP FER, according to International Financial Reporting Standards (IFRS) or US GAAP may be required.
All companies and organisations with bookkeeping requirements in Switzerland are subject to the minimum of accounting according to the Swiss Code of Obligations (OR). All public limited companies, limited liability companies, cooperatives, sole proprietorships, collective companies, limited partnerships, but also associations, foundations and non-profit organisations are affected.