In the event of a loss of half of the capital or excessive indebtedness, companies without an auditor must have their last annual accounts audited by a qualified auditor before they are approved by the general meeting. Without an audit report, general meeting resolutions on the annual accounts are invalid! The board of directors or management is responsible for appointing the auditor.
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From 2025, waiving audits (opting out) will only be possible for future financial years, and this must be registered with the commercial register before the start of the future financial year. The opting out can be refused if the registration is made too late. Immediate or even retroactive waiver of audits will no longer be permitted from 2025!
Legal entities with an opt-out that do not submit signed annual accounts within three months of the expiry of the relevant deadlines will in future be reported by the tax authorities to the commercial registry office. The commercial registry office will request that the opt-out be renewed. If the opt-out is not renewed, the commercial registry office will refer the matter to the court, which can lead to organizational deficiency proceedings or even the dissolution of the company!
Because the audit of the financial statements gives more credibility, you will get better terms for loans and mortgages from banks.
Proper bookkeeping is a prerequisite for a successful business. With a revision, errors can be detected and corrected in good time.
An audited annual financial statement shows shareholders, suppliers, social security and tax authorities a greater degree of credibilityand security on.
Auditors are able to better identify potential for improvement in your company. The bookkeeping and the internal control system are thus greatly improved.
The work is carried out entirely by licensed experts . Not from assistants at CHF 250.00 per hour as is usual in traditional auditing.
Thanks to automation, the test is faster and 33% cheaper for you. The hourly rate is only CHF 215.00.
Because we are not involved in the accounting and are independent , there are no more unnecessary disclosures in your report.