Requirements in the year under review

• Not more than 10 full-time positions on an annual average

• The company is only obliged to carry out a limited audit

and

• Opting-out: All shareholders or associates have declared that they do not want an audit




• Sole proprietorships and partnerships (general and limited partnerships) are not obliged to be audited by an external auditor
  
  

• Foundations that have a balance sheet total of less than CHF 200,000.00 in two consecutive financial years can apply to be exempted from the audit obligation.

Requirements in the year under review

• More than 10 full-time positions on annual average

• Requirements of the ordinary audit are not yet fulfilled

or

• Capital loss or over-indebtedness:
  In the event of a capital loss or over-indebtedness, an audit must be carried out from January 1, 2023

or

• Opting-in: 1 shareholder requested the limited audit




• AGs, GmbHs, cooperatives and foundations are obliged to elect an auditor.
  

Requirements in the year under review

2 of the 3 threshold values were exceeded in the year under review and in the previous year:

• Revenue: CHF 40 million
  (Association: CHF 20 million)

• Total assets: CHF 20 million
  (Association: CHF 10 million)

• Annual average of full-time positions: 250
  (Club: 50)

or

• The Company is required to prepare consolidated financial statements

or

• The company is publicly traded or has outstanding bonds

or

• Opting-up: The articles of association/AGM or 10% of the shareholders/partners have requested the ordinary revision