Switzerland

IFRS 

International Financial Reporting Standards (IFRS) are being promoted as a single set of high quality, understandable and enforceable global accounting standards.

 

Companies listed on the main board of the SIX Swiss Exchange, banks beginning on 1 January 2012, as well as listed companies domiciled in the EU have to prepare their consolidated financial statements in accordance with IFRS. In doing so, they conform to the global trend towards IFRS financial reporting.

 

KPMG’s IFRS Group consists of a team of workers who are highly experienced in the field and who focus on the application and implementation of IFRS. The specialists on our IFRS team understand industry specific challenges and can provide your company with relevant added value.

 

 

Services of the KPMG’s IFRS Group:


  • Transaction accounting, preparation of consolidated financial statements and annual accounts
  • Implementation of new and amended accounting standards
  • Conversion to IFRS
  • Initial Public Offerings (IPOs)
  • Allocation of the purchase price in the case of mergers and acquisitions 
  • Preparation of consolidated financial statements and annual financial statements (e.g. for spin-offs of a group that are to be discontinued) 
  • Development of group accounting manuals, group account plans, recognition and measurement guidelines as well as disclosures
  • Delivery of tailored training programs 

 

KPMG actively monitors developments on the international accounting front and provides its clients with updates and analyses.

IFRS 9 Financial Instruments for industrial companies

Overview of the key changes to the financial instruments as well as an overview of the key changes proposed for hedge accounting.

Insights into IFRS

KPMG’s practical guide to International Financial Reporting Standards

IFRS Financial Services

The KPMG IFRS Financial Services Group is a dedicated group of professionals that maintain extensive financial service experience.

Philipp Hallauer

Philipp Hallauer

Head of National Quality & Risk Management, Ethics & Independence Partner, Head of KPMG‘s Audit Committee Institute

+41 58 249 41 97

Thomas Schmid

Thomas Schmid

Partner, Head of IFRS Group in International Accounting and Reporting, Bachelor of Business Administration, Swiss Certified Accountant, U.S. Certified Public Accountant (CPA)

+41 58 249 62 54

Lukas Marty

Lukas Marty

Head of Audit

+41 58 249 36 49

IFRS – Keep up-to-date with the latest changes

KPMG informs you promptly and regularly about the latest IFRS changes. Take the opportunity and subscribe to our IFRS E-Newsletter.