{"id":19089,"date":"2025-01-21T09:01:10","date_gmt":"2025-01-21T09:01:10","guid":{"rendered":"https:\/\/bcmauditadvisory.ch\/betanew\/?page_id=19089"},"modified":"2025-02-11T08:49:04","modified_gmt":"2025-02-11T08:49:04","slug":"ordentliche-revision","status":"publish","type":"page","link":"https:\/\/bcmauditadvisory.ch\/en\/ordentliche-revision\/","title":{"rendered":"Ordinary Audit"},"content":{"rendered":"<div class=\"wpb-content-wrapper\"><div  class=\"vc_row vc-row-wrapper services_main_row_single full_width_content vc_custom_1738841850971\" data-parallax_sense=\"30\"><div class=\"wpb_row row\" >\n\t<div class=\"six dfd_col-tabletop-6 dfd_col-laptop-6 dfd_col-mobile-12 dfd_col-tablet-12 services_col_1 columns vc-column-extra-class-69e4bbeb9820d vc_custom_1738841753216\" data-parallax_sense=\"30\">\n\t\t<div class=\"wpb_wrapper\">\n\t\t\t<div class=\"dfd-spacer-module\"  data-units=\"px\" data-wide_resolution=\"1280\" data-wide_size=\"60\" data-normal_resolution=\"1024\" data-normal_size=\"60\" data-tablet_resolution=\"800\" data-tablet_size=\"35\" data-mobile_resolution=\"480\" data-mobile_size=\"35\" style=\"height: 60px;\"><\/div><div class=\"dfd-heading-shortcode\"><div class=\"dfd-heading-module-wrap  text-left style_01 dfd-heading-69e4bbeb98411 dfd-disable-resposive-headings\" id=\"dfd-heading-69e4bbeb98411\" ><div class=\"inline-block\"><div class=\"dfd-heading-module\"><h3 class=\"widget-title dfd-title\" style=\"letter-spacing: -3px; \">Ordinary Audit<\/h3><\/div><\/div><\/div><script type=\"text\/javascript\">\r\n\t\t\t\t\t\t\t\t\t(function($) {\r\n\t\t\t\t\t\t\t\t\t\t$(\"head\").append(\"<style>.dfd-heading-69e4bbeb98411.dfd-heading-module-wrap .dfd-heading-module .dfd-heading-delimiter {margin-top:10px;margin-bottom:10px;}@media (max-width: 1279px) and (min-width: 1024px){.dfd-heading-69e4bbeb98411 .dfd-title{font-size: 40px !important;line-height: 40px !important;}}@media (max-width: 799px){.dfd-heading-69e4bbeb98411 .dfd-title{font-size: 32px !important;line-height: 32px !important;}}<\/style>\");\r\n\t\t\t\t\t\t\t\t\t})(jQuery);\r\n\t\t\t\t\t\t\t\t<\/script><\/div><div class=\"dfd-spacer-module\"  data-units=\"px\" data-wide_resolution=\"1280\" data-wide_size=\"25\" data-normal_resolution=\"1024\" data-normal_size=\"20\" data-tablet_resolution=\"800\" data-tablet_size=\"20\" data-mobile_resolution=\"480\" data-mobile_size=\"20\" style=\"height: 25px;\"><\/div>\n\t<div class=\"wpb_text_column wpb_content_element\" >\n\t\t<div class=\"wpb_wrapper\">\n\t\t\t<p>Once a Swiss company reaches a certain economic threshold, it becomes subject to a statutory audit, regardless of its legal form.\nAs licensed audit experts registered with the Swiss Federal Audit Oversight Authority, we would be pleased to provide you with a tailored offer.<\/p>\n<p class=\" translation-block\">The audit law applies to stock corporations, limited liability companies, and cooperatives, as well as limited partnerships with shares, associations, and foundations. The type of audit depends on the size and economic significance of the organization. These factors determine whether a company is subject to an ordinary or a limited audit.\n\nCompanies are required to conduct an ordinary audit if they exceed two of the following thresholds in two consecutive financial years (Art. 727 CO):<\/p>\n<ul>\n<li>\u00a0Balance sheet total: CHF 20 million<\/li>\n<li>\u00a0Revenue: CHF 40 million<\/li>\n<li>\u00a0Full-time positions: 250<\/li>\n<\/ul>\n<p>In addition, publicly traded companies and companies required to prepare consolidated financial statements are always subject to a statutory audit.<\/p>\n<p>A company must also conduct a regular audit if:<\/p>\n<ul>\n<li>Shareholders who together represent at least 10% of the share capital request it.<\/li>\n<li>The articles of association of a company require a regular audit.<\/li>\n<li>The general meeting resolves to have the annual financial statement audited.<\/li>\n<\/ul>\n<p>Companies that do not meet these criteria are subject to a limited audit or are completely exempt from the audit requirement.<\/p>\n<p>Sole proprietorships and partnerships (general partnerships and limited partnerships) are not required to undergo an audit by an external auditing firm.<\/p>\n\n\t\t<\/div> \n\t<\/div> <div class=\"dfd-spacer-module\"  data-units=\"px\" data-wide_resolution=\"1280\" data-wide_size=\"100\" data-normal_resolution=\"1024\" data-normal_size=\"100\" data-tablet_resolution=\"800\" data-tablet_size=\"90\" data-mobile_resolution=\"480\" data-mobile_size=\"80\" style=\"height: 100px;\"><\/div>\n\t\t<\/div> <script type=\"text\/javascript\">(function($) {$(\"head\").append(\"<style>@media (max-width: 1279px) and (min-width: 1024px){.columns.vc-column-extra-class-69e4bbeb9820d{padding-left: 0px !important;padding-right: 30px !important;}}@media (max-width: 1023px) and (min-width: 800px){.columns.vc-column-extra-class-69e4bbeb9820d{padding-left: 40px !important;padding-right: 40px !important;}}@media (max-width: 799px){.columns.vc-column-extra-class-69e4bbeb9820d{padding-left: 30px !important;padding-right: 30px !important;}}<\/style>\");})(jQuery);<\/script>\n\t<\/div> \n\n\t<div class=\"six dfd_col-tabletop-6 dfd_col-laptop-6 dfd_col-mobile-12 dfd_col-tablet-12 services_col_2 columns vc-column-extra-class-69e4bbeb98e06 vc_custom_1738841743694\" data-parallax_sense=\"30\">\n\t\t<div class=\"wpb_wrapper\">\n\t\t\t<div class=\"dfd-spacer-module\"  data-units=\"px\" data-wide_resolution=\"1280\" data-wide_size=\"60\" data-normal_resolution=\"1024\" data-normal_size=\"60\" data-tablet_resolution=\"800\" data-tablet_size=\"35\" data-mobile_resolution=\"480\" data-mobile_size=\"35\" style=\"height: 60px;\"><\/div><div class=\"dfd-heading-shortcode\"><div class=\"dfd-heading-module-wrap  text-left style_01 dfd-heading-69e4bbeb98fa0 dfd-disable-resposive-headings\" id=\"dfd-heading-69e4bbeb98fa0\" ><div class=\"inline-block\"><div class=\"dfd-heading-module\"><h3 class=\"widget-title dfd-title\" style=\"letter-spacing: -3px; \">Responsibilities in a Statutory Audit<\/h3><\/div><\/div><\/div><script type=\"text\/javascript\">\r\n\t\t\t\t\t\t\t\t\t(function($) {\r\n\t\t\t\t\t\t\t\t\t\t$(\"head\").append(\"<style>.dfd-heading-69e4bbeb98fa0.dfd-heading-module-wrap .dfd-heading-module .dfd-heading-delimiter {margin-top:10px;margin-bottom:10px;}@media (max-width: 1279px) and (min-width: 1024px){.dfd-heading-69e4bbeb98fa0 .dfd-title{font-size: 40px !important;line-height: 40px !important;}}@media (max-width: 799px){.dfd-heading-69e4bbeb98fa0 .dfd-title{font-size: 32px !important;line-height: 32px !important;}}<\/style>\");\r\n\t\t\t\t\t\t\t\t\t})(jQuery);\r\n\t\t\t\t\t\t\t\t<\/script><\/div><div class=\"dfd-spacer-module\"  data-units=\"px\" data-wide_resolution=\"1280\" data-wide_size=\"25\" data-normal_resolution=\"1024\" data-normal_size=\"20\" data-tablet_resolution=\"800\" data-tablet_size=\"20\" data-mobile_resolution=\"480\" data-mobile_size=\"20\" style=\"height: 25px;\"><\/div>\n\t<div class=\"wpb_text_column wpb_content_element\" >\n\t\t<div class=\"wpb_wrapper\">\n\t\t\t<p>In a statutory audit, the audit firm, in accordance with Art. 728a para. 1 of the Swiss Code of Obligations, examines whether:<\/p>\n<ul>\n<li>The annual financial statement and, if applicable, the consolidated financial statement comply with the legal requirements, articles of association, and the chosen framework.<\/li>\n<li>The board of directors' proposal to the general meeting regarding the allocation of the net profit complies with the legal requirements and the articles of association.<\/li>\n<li>An internal control system exists.<\/li>\n<\/ul>\n<p>In a regular audit, detailed audit procedures are carried out, taking into account the risk structure of the company. These may include, for example:<\/p>\n<ul>\n<li>The audit of the risk of fraudulent actions and legal violations.<\/li>\n<li>Obtaining third-party confirmations from banks, lawyers, creditors, and debtors.<\/li>\n<li>Observation of the inventory count.<\/li>\n<li>Detailed examination of transactions.<\/li>\n<li>The audit of the existence of the internal control system.<\/li>\n<\/ul>\n<p>After completing the statutory audit, we provide the board of directors with a comprehensive report detailing our findings on the financial statements, the internal control system, and the conduct and outcome of the audit<\/p>\n<p>For the general meeting, we provide a summary report on the audit results. This report includes:<\/p>\n<ul>\n<li>A statement on the results of the audit.<\/li>\n<li>Information on independence.<\/li>\n<li>Information about the person who led the audit and their professional qualifications.<\/li>\n<li>A recommendation on whether the annual financial statement and the consolidated financial statement should be approved or rejected, with or without qualifications.<\/li>\n<\/ul>\n<p class=\"has-text-align-left has-nv-text-dark-bg-color has-text-color has-link-color wp-elements-32acd0fae4cc6dc34bd89c087e0aff6c\"><a href=\"https:\/\/bcmauditadvisory.ch\/en\/contact\/\">Feel free to contact us for further clarification<\/a><\/p>\n\n\t\t<\/div> \n\t<\/div> <div class=\"dfd-spacer-module\"  data-units=\"px\" data-wide_resolution=\"1280\" data-wide_size=\"100\" data-normal_resolution=\"1024\" data-normal_size=\"100\" data-tablet_resolution=\"800\" data-tablet_size=\"50\" data-mobile_resolution=\"480\" data-mobile_size=\"50\" style=\"height: 100px;\"><\/div>\n\t\t<\/div> <script type=\"text\/javascript\">(function($) {$(\"head\").append(\"<style>@media (max-width: 1279px) and (min-width: 1024px){.columns.vc-column-extra-class-69e4bbeb98e06{padding-left: 30px !important;}}@media (max-width: 799px){.columns.vc-column-extra-class-69e4bbeb98e06{padding-left: 0px !important;}}<\/style>\");})(jQuery);<\/script>\n\t<\/div> \n<\/div><\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"Ordentliche Revision Ab einer bestimmten wirtschaftlichen Bedeutung unterliegen Schweizer Firmen unabh\u00e4ngig von ihrer Rechtsform der ordentlichen Revision. Als zugelassene Revisionsexperten sind wir bei der Revisionsaufsichtsbeh\u00f6rde registriert und freuen uns, Ihnen","protected":false},"author":1,"featured_media":19689,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"page-custom-with-header.php","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-19089","page","type-page","status-publish","has-post-thumbnail","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/bcmauditadvisory.ch\/en\/wp-json\/wp\/v2\/pages\/19089","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bcmauditadvisory.ch\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/bcmauditadvisory.ch\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/bcmauditadvisory.ch\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bcmauditadvisory.ch\/en\/wp-json\/wp\/v2\/comments?post=19089"}],"version-history":[{"count":28,"href":"https:\/\/bcmauditadvisory.ch\/en\/wp-json\/wp\/v2\/pages\/19089\/revisions"}],"predecessor-version":[{"id":19895,"href":"https:\/\/bcmauditadvisory.ch\/en\/wp-json\/wp\/v2\/pages\/19089\/revisions\/19895"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bcmauditadvisory.ch\/en\/wp-json\/wp\/v2\/media\/19689"}],"wp:attachment":[{"href":"https:\/\/bcmauditadvisory.ch\/en\/wp-json\/wp\/v2\/media?parent=19089"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}