Group audits

Companies required to prepare consolidated financial statements in Switzerland must have them audited by a licensed audit expert through an ordinary audit.

Beyond this legal requirement, group audits play a key role in providing a comprehensive and reliable overview of a group’s financial position. Individual financial statements alone are often insufficient to reflect the overall economic reality of a group’s operations.

Consolidated financial statements therefore represent an essential tool for financial reporting, governance and communication, offering stakeholders a clear and structured view of the group’s activities and performance.

Our group audit approach

A coordinated and tailored audit

Each group has its own structure, geographic footprint and reporting requirements. We work with you to design a tailor-made group audit approach, aligned with your organisation, stakeholders and timelines.

Consistency across entities

We ensure consistency in audit procedures across all entities within the scope of consolidation, delivering a coherent and reliable audit process at group level.

Clear communication

We maintain close communication with group management and local teams to ensure efficient coordination and timely delivery of audit results.

Audit of consolidated financial statements

We perform audits of consolidated financial statements prepared in accordance with both Swiss and international accounting standards, including:

• Swiss Code of Obligations
• Swiss GAAP FER
• IFRS
• US GAAP

This ensures that your financial reporting meets both local and international requirements while providing reliable and comparable information to stakeholders.

Audit of group reporting processes

In addition to the audit of consolidated financial statements, we assess key elements of your group reporting framework, including:

• Audit of reporting packages submitted by subsidiaries
• Review of consolidation processes and procedures
• Assessment of data consistency and reporting quality

These procedures support the production of accurate and reliable consolidated financial information.

Internal control and risk assessment

A strong internal control system (ICS) is essential for ensuring the reliability of group reporting.

We evaluate internal controls at both group and subsidiary levels, helping organisations:

• identify control gaps and weaknesses
• strengthen governance and risk management processes
• improve the overall reliability of financial reporting

International coordination through the RSM network

Group audits often involve multiple jurisdictions. Through the RSM international network, we coordinate audit work across your subsidiaries worldwide.

Local expertise worldwide

We rely on local RSM auditors to perform audits in each jurisdiction, ensuring compliance with local requirements and accounting frameworks.

Central coordination

We act as a central point of contact, ensuring that audit procedures are aligned and that information flows efficiently between group and local teams.

Consistent quality

Our coordinated approach ensures a consistent audit methodology and quality across all entities involved in the group audit.

Why work with RSM Switzerland

Expertise in complex group structures

We have extensive experience in auditing multinational groups and complex organisational structures.

Integrated approach

We combine local and international expertise to deliver efficient and coordinated group audit engagements.

Tailored solutions

Our services are adapted to your group’s structure, reporting framework and stakeholder expectations.

Get in touch

If you require support with your group audit or the audit of consolidated financial statements, our specialists are available to provide tailored and efficient solutions for your organisation.