The accounting cycle: from source documents to annual accounts
Understand how invoices and payments become financial statements. Six practical steps, essential checks and examples for Swiss businesses....
09
Oct
expert-comptable Tag
09
Oct
What is accounting? The basics for your Swiss business
Accounting turns business transactions into useful information. Learn how accounts work, what Swiss businesses must record and why profit differs from cash....
19
Sep
Limited audits in Switzerland: requirements, opting-out and preparation
Many Swiss SMEs are subject to a limited statutory audit. Its scope, the conditions for opting out and the duties that arise during financial difficulties are often confused. This article helps you identify the applicable regime and prepare a complete audit file....
19
Sep
Keeping accounts in Switzerland: business obligations and benefits
Keeping your accounts up to date helps you understand profitability, prepare for payment deadlines and explain your figures. Here are the Swiss obligations to respect and a practical approach to turning your accounts into useful management information....
19
Sep
Managing company cash flow in Switzerland: method and example
Your business can make a profit and still lack the cash to meet its next payments. A cash flow forecast helps you spot that gap before it becomes urgent. Here is a practical method for tracking receipts, organising payments and taking decisions in time....
19
Sep
Swiss accounting principles explained with practical examples
Swiss accounting rules answer practical questions: which year does an invoice belong to, how should a risk be valued, and what must the accounts explain? Apply the principles of the Code of Obligations through examples and useful checks for an SME....
19
Sep
Notes to annual accounts in Switzerland: requirements and an SME example
The notes explain what the balance sheet and income statement do not show clearly enough. They form part of a Swiss corporation’s or LLC’s annual accounts. Here are the disclosures to review and an example to help prepare notes suited to your business....
19
Sep
Depreciation in Switzerland: calculations, journal entries and tax rates
Machines, vehicles and computers often serve a business for several years. Depreciation allocates their cost over time. Learn to calculate the expense, read a depreciation schedule and distinguish accounting estimates from Swiss tax rates....
19
Sep
Swiss GAAP FER: principles, thresholds and choosing a reporting framework
Swiss GAAP FER provides a Swiss financial reporting framework designed to present a true and fair view. The French name, Swiss GAAP RPC, refers to the same standards. The right scope depends on your organisation, its size and the needs of those using its accounts....
19
Sep
Understanding a Swiss income statement: structure and worked example
Revenue alone does not tell you whether a business is profitable. An income statement shows how sales, operating costs, financing and tax combine to produce a profit or loss over a period....