On 1 January 2015 the two-year transitional period to apply the new financial reporting legislation expires. According to the new accounting law the economic importance of a company is triggering which rules and regulations have to be complied with (i.e. simplified accounting standards, balance sheet, income statement, notes, cash flow statement, management report). Further it has to be clarified whether a binding standard (Swiss GAAP FER, IFRS) is required or whether applying the accounting rules of the Swiss Code of Obligation is sufficient.
(only available in German)