Everything that matters about limited statutory audit for carpenters in Crans (VD)
Between VAT, social contributions and the year-end close, a Swiss SME juggles dozens of deadlines a year. This page focuses on limited statutory audit in Crans (VD): what the law requires, what can be automated, and when to delegate.
Year-end closing: how the mechanics work
Companies exceeding two of three thresholds for two consecutive years — CHF 20 million balance sheet total, CHF 40 million revenue, 250 full-time positions — move to an ordinary audit. Below that, the limited audit applies, and companies with no more than ten full-time positions on annual average can opt out with the consent of all shareholders.
A clean closing pays beyond the legal duty: it conditions the tax return, bank discussions and the company's value in a succession. Hidden reserves (accelerated depreciation, provisions) remain admissible within cantonal tax limits — document them systematically.
The Swiss legal frame for limited statutory audit
Responsibility for the books is personal: in an SA, organising the accounting is one of the board's non-transferable duties (art. 716a CO); in a Sàrl, the managing directors carry the same duty. Outsourcing the execution never transfers that underlying responsibility, including for a company based in Crans (VD).
Also worth knowing: accounts may be drawn up in the currency most relevant to the business; if that is not the franc, values must additionally be stated in CHF (art. 958d para. 3 CO). Internationally active companies gain books that match their economic reality.
A well-structured SME chart of accounts
A chart of accounts gets documented: one description line per account (what, when, VAT) is enough for two people to post the same way. It is the quality manual of limited statutory audit, valid in Crans (VD) as anywhere.
For a business in Crans (VD), the Sterchi/Käfer structure also eases benchmarking: banks and fiduciaries reason on those standard classes to situate an SME's limited statutory audit.
Outsource limited statutory audit or keep it in-house?
The scope goes down in writing: who enters data, who approves payments, who answers the tax office, who keeps the originals. Every “we'll see” at the start becomes a December misunderstanding — in Crans (VD) as elsewhere.
For limited statutory audit, a quarterly 30-minute check-in with the fiduciary beats an annual marathon: questions get handled while they are small.
Crans (VD): what changes, what does not
Working with a fiduciary from Crans (VD) no longer depends on geography: the documents of a business in Crans (VD) are shared online, while the canton Vaud keeps its own deadlines for the tax return.
Federal deadlines do not move in Crans (VD): VAT within 60 days, salary declaration in January, 10-year record retention — postal code 1299 changes nothing about those rules, only the sender's address.
Frequently asked questions
What are the legal obligations for limited statutory audit in Switzerland?
The foundation is the Code of Obligations: proper bookkeeping (art. 957a CO), annual accounts (balance sheet, income statement, notes) and 10-year retention of books and records (art. 958f CO). VAT applies from CHF 100,000 of turnover, and social insurance settlements from the first employee. Nothing is different in Crans (VD): federal law applies.
What is the difference between a limited and an ordinary audit?
The ordinary audit applies to companies exceeding, for two consecutive years, two of three thresholds: CHF 20 million balance sheet total, CHF 40 million revenue, 250 full-time positions. Others fall under the limited audit, and those with no more than ten full-time positions on annual average can opt out with all shareholders' consent. These federal thresholds do not depend on the registered seat — in Crans (VD) as anywhere.
Can limited statutory audit be automated with AI?
Largely, yes: automatic document reading, posting suggestions, bank reconciliation via QR references and VAT exports. Human approval remains essential — AI prepares, the professional checks. That is exactly how MyFiducia.ai approaches limited statutory audit.
When is entry in the commercial register mandatory?
A Sàrl and an SA only come into existence with their registration. A sole proprietorship must register from CHF 100,000 of annual revenue; below that, registration stays voluntary but adds credibility and protects the business name. Registration goes through the canton's commercial register office — for Crans (VD) too.
Also worth reading
In neighbouring municipalities
Switch to accounting that keeps itself up to date
MyFiducia.ai automates limited statutory audit for businesses in Crans (VD): AI-read documents, posting suggestions, VAT and exports ready for your fiduciary. Try the platform or browse our other guides.
The application is operated in French.