Audit, reporting and Swiss GAAP FER

Aligning audit and reporting to Pillar Two requirements

Audit, reporting and Swiss GAAP FER

Aligning audit and reporting to Pillar Two requirements

Demanding enhanced transparency and compliance with new international tax rules, BEPS 2.0 Pillar Two impacts audit and reporting at both the local and group levels. Companies must reconcile local GAAP with the global minimum tax standards, potentially necessitating adjustments in financial reporting and tax provisions to ensure alignment across jurisdictions. We analyze your tax calculations and financial statements in light of the new rules.

Swiss GAAP FER

Assessment of how the application of Swiss GAAP FER could impact the financial statements and therefore the Swiss QDMTT reporting.
Preparation of the Swiss GAAP FER financial statements in a modular approach:
- Diagnostics: identification of material GAAP differences.
- Planning and design: preparation of the skeleton of the Swiss GAAP FER financial statements according to a project plan.
- Execution and implementation: finalization of the FER financial statements including the conversion effects following a new chart of account and relevant accounting policies.
- Maintenance: support for the preparation of FER financial statements on a recurring basis or as needed.

Discover more about Swiss GAAP FER

Our services include:

Audit reporting

Review of existing tax reporting to identify missing data for Pillar Two reporting.
Suggestions to improve your existing tax reporting to facilitate Pillar Two reporting.
Support to identify an appropriate process for your Pillar Two tax reporting through a design workshop.
Preparation of an audit documentation package containing all audit-relevant Pillar Two-related information (data analysis, scoping exercise, description of Pillar Two provisioning calculation approach, etc.).
Ad hoc support for questions from your auditors based on our experience with Pillar Two audits.

Your subject-matter professionals

Sarah Drye
Partner
International Tax and
Transaction Services
Ernst & Young AG
+41 58 286 57 34
sarah.drye@ch.ey.com

Andrea Jost
Partner
International Tax and
Transaction Services
Ernst & Young AG
+41 58 286 75 26
andrea.jost@ch.ey.com

Philipp Kuhli
Partner
Financial Services, Global Compliance & Reporting
Ernst & Young AG
+41 58 286 87 59
philipp.kuhli@ch.ey.com

Marco Mühlemann
Partner
International Tax and
Transaction Services
Ernst & Young AG
+41 58 286 83 91
marco.muehlemann@ch.ey.com

Gregor Müller
Partner
Global Compliance
& Reporting
Ernst & Young AG
+41 58 286 30 53
gregor.mueller@ch.ey.com

Reto Schwerzmann
Partner
Global Compliance
& Reporting
Ernst & Young AG
+41 58 286 63 69
reto.schwerzmann@ch.ey.com

Hortense Pfammatter
Director
Financial Accounting
Advisory Services
Ernst & Young AG
+41 58 286 42 01
hortense.pfammatter@ch.ey.com

Émilie Hayet
Senior Manager
Financial Accounting
Advisory Services
Ernst & Young AG
+41 58 286 58 83
emilie.hayet@ch.ey.com