Limited statutory audit for transport companies in Satigny: rules, deadlines, best practice
Limited statutory audit for transport companies in Satigny rests on three pillars: federal law that applies across Switzerland, cantonal deadlines worth knowing, and tools that eliminate re-keying. This guide puts it all in order, fact by fact.
Year-end closing: how the mechanics work
The closing turns day-to-day bookkeeping into annual accounts: balance sheet, income statement and notes (art. 958 CO). Mandatory stops: accruals and deferrals, depreciation, commercially justified provisions, inventory of stock and work in progress, then VAT and AHV reconciliations.
For limited statutory audit, the golden rule is to discover nothing in January: every uncertainty (doubtful receivable, dispute, unsellable stock) must be identified before the closing date, not after.
A Swiss SME's accounting calendar
Tax instalments are steered: too low, they set up a salty final bill; too high, they tie up cash. Adjusting them on current figures is a profitable reflex, in Satigny as anywhere.
For a business in Satigny, an isolated delay can be caught up; a structural delay is paid in interest, fines and stress. The difference between the two: a system, not good intentions.
The Swiss legal frame for limited statutory audit
Three documents summarise the health of a Swiss business: the balance sheet (what it owns), the income statement (what it earns) and the notes (what else you should know). All the work of limited statutory audit converges on those three pages, in Satigny too.
The good news: the Swiss frame is stable and predictable. Structure limited statutory audit once — chart of accounts, document flow, calendar — and the same organisation pays off for years.
A well-structured SME chart of accounts
Shareholder current accounts demand strict hygiene: every private withdrawal documented, interest at the rates accepted by the tax administration, and a clean-up at closing.
For a business in Satigny, comparability over time beats sophistication: a chart stable for five years beats a “perfect” one rebuilt every year. Banks and the tax administration read year-on-year movements first.
Satigny: what changes, what does not
Satigny (postal code 1242, canton Geneva) applies the same federal rules as the rest of the country: what changes in Satigny are the cantonal counterparts — tax administration, compensation office, commercial register.
Federal deadlines do not move in Satigny: VAT within 60 days, salary declaration in January, 10-year record retention — postal code 1242 changes nothing about those rules, only the sender's address.
Frequently asked questions
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.
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 Satigny as anywhere.
What is simplified bookkeeping and who can use it?
Sole proprietorships and partnerships under CHF 500,000 of revenue may limit themselves to recording income, expenses and assets (art. 957 para. 2 CO). Once over the threshold — or upon founding a Sàrl or an SA — full accounts with balance sheet, income statement and notes become mandatory. The CHF 500,000 threshold is assessed the same way in Satigny.
Does MyFiducia.ai work for a business based in Satigny?
Yes: the platform runs online, the rules applied are federal (VAT, CO, AHV), and the file can be shared with any fiduciary. A business in Satigny manages its documents, VAT and exports exactly as anywhere in Switzerland.
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Switch to accounting that keeps itself up to date
MyFiducia.ai automates limited statutory audit for businesses in Satigny: AI-read documents, posting suggestions, VAT and exports ready for your fiduciary. Try the platform or browse our other guides.
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