Financial Audits & Special Reports
Ensure financial integrity and compliance with our thorough financial and anti-money laundering audit services. Our auditing firm, approved by the Swiss Federal Audit Oversight Authority (ASR), has been in business since 2007.
Restricted
Control
GET NOW
A streamlined audit procedure that applies to Swiss companies meeting specific criteria, based on size and financial operations. This audit is carried out when two of the following three thresholds are not exceeded for two consecutive financial years.
Eligibility
- Balance sheet total: 20 million Swiss francs
- Annual sales: 40 million Swiss francs
- Workforce: 250 full-time positions on annual average
Ordinary
Control
GET NOW
A comprehensive audit is required for companies exceeding two of the above-mentioned thresholds. This includes an in-depth analysis of the annual accounts and the effectiveness of internal control mechanisms, providing full assurance on the company’s financial health.
Benefits of Ordinary Control
Independent
Reviews
GET NOW
Internal control systems
- Independent assessments of internal control systems (ISAE3402, SOC1, SOC2), ensuring compliance and security.
- Expert advice on anti-corruption, data confidentiality and information security.
- Specialized assistance in anti-fraud and financial investigations (Forensic), to preserve corporate integrity and reputation.
HOW WE DO
Excellence and regulatory compliance
Our auditing firm, approved by the Swiss Federal Audit Oversight Authority (ASR), has been in business since 2007. Our accreditations:
Financial Audit & Special Reports — Swiss Standards
Financial Keepers SA conducts financial audits, statutory reviews and special reports for Swiss companies and groups. Our audit professionals apply International Standards on Auditing (ISA), Swiss GAAP FER and the Swiss Code of Obligations (CO).
Which Companies Need a Statutory Audit in Switzerland?
Under CO art. 727, Swiss companies are subject to audit requirements based on their size. The table below summarises the three regimes:
| Regime | Threshold | Auditor requirement | Standards |
|---|---|---|---|
| Ordinary audit (révision ordinaire) | Public companies OR ≥2 of: revenue > CHF 40M / balance sheet > CHF 20M / 250+ employees | Licensed audit expert (RAB) | ISA / Swiss GAAP FER or IFRS |
| Limited review (contrôle restreint) | Other companies registered in commercial register with ≥10 FTE | Licensed auditor (RAB) | ISRE 2400 (review procedures) |
| Opting out (opting-out) | Companies with <10 FTE — unanimous shareholder consent required | None required | N/A |
Special Reports (Rapports spéciaux)
In addition to statutory audits, Swiss law requires special reports for specific corporate events. Financial Keepers SA prepares:
- Apport en nature (CO art. 628) — Valuation report when shares are paid up with non-cash assets
- Transformation (CO art. 821) — Report for conversion of SA to Sàrl or vice versa
- Fusion / Merger (LFus art. 15) — Audit report confirming merger plan and asset transfer
- Scission / Demerger (LFus art. 38) — Report on asset split and shareholder equity
- Capital reduction (CO art. 732) — Solvency report confirming company can cover all liabilities post-reduction
- Liquidation (CO art. 745) — Final audit confirming all obligations settled before dissolution
Swiss GAAP FER vs IFRS vs CO
The choice of accounting standard impacts audit scope and financial statement presentation:
- CO art. 957–964b (statutory minimum): Required for all Swiss companies. Simplified rules, historical cost basis, no fair value accounting.
- Swiss GAAP FER: Recommended for SMEs with more than one entity or planning to raise institutional financing. More transparent than CO minimum. Mandatory for non-profits applying for ZEWO label.
- IFRS: Required for SIX-listed companies. Full fair value accounting, complex consolidation rules, highest disclosure burden.
Our Audit Approach
Financial Keepers SA applies a risk-based audit methodology aligned with ISA 315 (risk identification) and ISA 330 (response to assessed risks). Our process includes:
- Engagement planning — Understanding your business, industry and internal controls
- Risk assessment — Identifying material misstatement risks at financial statement and assertion level
- Substantive testing — Detailed testing of balances, transactions and disclosures
- Management letter — Reporting internal control weaknesses and recommendations
- Audit report — Unmodified or modified opinion as required by CO / ISA 700
Other Services
Accounting Outsourcing
Streamline Financial operations with our dedicated outsourcing services for efficient business management
Payroll Administration
Simplify HR complexities with our comprehensive payroll and administrative management
Tax & Legal Advisory
Get strategic, tailored tax and legal advisory services across various industries, ensuring compliance, optimization, and efficient tax structures
Business Administration
Benefit from business administration services designed to support every stage of your company’s life cycle
Corporate Advisory
Navigate your financial landscape with our expert corporate advisory and real-time strategic analysis
Human Ressources Outsourcing
Get comprehensive human resources outsourcing services tailored to meet the evolving needs of your company
Financing Advisory
Financing is crucial for the growth and success of your business. Be provided with tailored solutions that meet your specific needs
Operational Excellence
Optimize your internal processes through our specialized auditing and operational improvements
Financial Audits
& Special Reports
Ensure financial integrity and compliance with our thorough financial and anti-money laundering audit services
Business Creation
Starting your own business might feel overwhelming, but with Financial Keepers, it’s simple, fast, and secure.
TAILOR-MADE SUPPORT
At Financial Keepers SA, we pride ourselves on our broad expertise across numerous market segments, offering tailor-made solutions with distinct value. Our approach is meticulously crafted to align with the unique dynamics of each sector we serve. We focus on understanding the specific challenges and potential of every client, ensuring that our services are not just solutions, but catalysts for growth and success, uniquely adapted to the diverse landscapes of the business world.
Your contact person
Cédric Sevaz
Founder
Mr. Sevaz, a finance and consulting professional, has a strong academic background with two Masters in Business Economics (University of Geneva, University Pierre Mendes France Grenoble) and the intermediate insurance certification (AFA) from Bern. With ten years of experience in strategic roles within Big4 firms (Senior Manager at Deloitte, Executive Director at Ernst & Young), he has led teams for prestigious clients and held positions as CFO.
Michael Salama
Founder
Mr. Salama is a highly qualified chartered accountant with international experience in audit, accounting, and taxation, gained in Switzerland, France, and the United States. He holds the French Chartered Accountant Diploma, is a Swiss Certified Auditor, an American CPA, and has an MBA in Finance from the University of Manchester. Throughout his career, he has held strategic positions in financial services companies, leading optimization and outsourcing projects. Currently, as the Managing Partner of SwissAudit (Léman) Sàrl, he oversees audit mandates, bringing significant added value in a complex financial environment.