Appendix to the annual accounts: What all should be included?

The new regulation of the appendix to the annual financial statement in Art. 959c OR significantly expands its content and importance.

2013

Appendix to the annual accounts: What all should be included?

Here's the translated HTML content to English, with all HTML tags preserved exactly as they are: ```html

The appendix to the annual financial statement becomes more important with the new accounting law. Art. 959c CO lists the relevant points.

Appendix of the annual financial statement

The old law defined the content of the appendix according to Art. 663b CO. Now, the appendix is regulated in Art. 959c CO.

The appendix of the annual financial statement mandatorily includes the following points:

Information on the principles applied in the annual financial statement
Data, breakdowns, and explanations of positions in the balance sheet and profit and loss statement
Total amount of the resolved replacement reserves and the additional hidden reserves
Further disclosures required by law

Additionally, the appendix must contain further information if it is not already apparent from the profit and loss statement or the balance sheet:

Company name or the name of the society as well as the legal form and the headquarters
Statement about the number of full-time positions
Company name, legal form, and headquarters of companies in which there are direct or significant indirect holdings, stating the capital and voting share
Number of own shares held by the company itself and the companies in which it is involved
Acquisition and disposal of own shares and the applicable conditions
Remaining amount of liabilities from leasing obligations
Liabilities towards provident institutions
Total amount of securities provided for third-party liabilities
Contingent liabilities
Number and value of participation rights for all management and administrative bodies as well as for employees
Explanations of extraordinary, unique or non-periodic items of the profit and loss statement
Significant events after the balance sheet date
(if necessary) Reasons for the premature resignation of the auditing firm

Sole proprietorships and partnerships have the option to waive the preparation of the appendix, provided they are not obligated to keep accounts according to the regulations for larger companies.

More blog posts

In-depth insights, inspiring success stories and practical tips for entrepreneurs - discover more in our other articles.

Outsourcing vs. In-House Accounting: Which is More Worthwhile?

The decision whether to manage accounting internally or to outsource it depends on various factors.

Why Outsourcing Accounting Increases Efficiency

Accounting is one of the most important but also time-consuming tasks of a business.

Participations and securities: Accounting registration made easy in Switzerland

Companies in Switzerland must ensure accurate accounting records when acquiring securities (<20% voting rights) or participations (>20% voting rights). Participations use account 1480, securities account 1400, with Jens account like bank account 1020.