It can be of decisive importance to a company group that reports are not just made for each individual firm, but also in consolidated form as a group of companies.
The Swiss Code of Obligations also stipulates consolidation under the following conditions:
If two of the following factors, consolidated, are exceeded in at least one of the last two years:
According to the company´s activities, we recommend that they do not prepare the consolidation according to the Swiss Code of Obligations, but in accordance with a recognised standard such as Swiss GAAP FER or other international standards.
We support you with the following services:
Our approach is characterised by high levels of flexibility from different countries, standards and requirements.
Additionally, it´s possible to transfer from a local standard to another standard during the same operational phase (e.g. Swiss GAAP FER).
In this way, intervention in functioning accounting processes should be kept to a minimum in the individual companies, so that consolidation may be prepared. The consolidation tool is available to you free of charge.