Statutory special audits

Legally binding special audits may take place for your company in addition to the classic auditing of annual statements. These must be carried out with the same care and attention as the annual financial statement.

Our auditors can support you in the following areas and perform the special audits:

Contribution in kind audit

When founding a company, or increasing capital for a company, an item or intangible asset may be used in place of money (contribution in kind).

This item must be checked by a qualified auditor and its value must be confirmed in writing (auditor report).

Valuable things, intangible goods or even in-house software are conceivable as contributions in kind.

We specialise particularly in the evaluation of software thanks to our collaboration with Websoft AG.

We found companies and increase capital with our founding partner, STARTUPS.CH.

Capital increase audit

The law stipulates three ways to increase the share of participation capital: ordinary, authorised and conditional capital. As with founding, increasing capital sees new capital being brought into the company and the conditions bear a resemblance to those of founding.

In the case of restriction of subscription rights for ordinary, authorised and conditional capital increases, as well as contributions in kind or acquisitions of assets, the capital increase report is to be verified by an auditor or, in certain cases, by an audit expert.

Audits according to the merger act

The Merger Act (Fusionsgesetz) stipulates how to adjust legal structures in the event of mergers, conversions and divisions. The auditing associated with this primarily serves to protect shareholders or minority interests as well as creditor protection. In most cases, the restructuring process is to be checked by an audit expert pursuant to the Merger Act. Essential aspects here are the share exchange ratio as well as the appropriateness of the valuation methodology.

Capital reduction auditing

When reducing capital, it must be checked whether creditor claims will still be covered once complete. It is also mandatory to submit a written report to the board as to whether the capital reduction is justified. This report primarily serves to protect creditors by ensuring their claims will still be covered once capital has been reduced.

Due Diligence

Due diligence is an essential part of everycompany transaction process. Use of due diligence ensures buyers receive moreinformation on risks and opportunities of the object of purchase and reducesinformational asymmetry (information advantage of the seller).

Due diligence is crucial for getting a closerinsight into the target object. To carry out due diligence, a data roomviewable to the buying party is set up, which is filled with relevant data fromvarious company areas:

  • Finances
  • Taxes
  • Legal topics
  • HR
  • Operative topics
  • IT

When performing due diligence, you will have our vast expertise at your disposal or we can carry out all the due diligence on your behalf and communicate with the counter party.

Capital loss

The board of directors shall convene a general meeting if the last annual financial statement no longer covers half of the statutory share capital. Moreover, the necessary restructuring measures have to be requested by the board.

Debt overload

An interim report has to be created by the company if it is believed that there is excessive indebtedness. This is presented to the auditor and is used as the basis for deciding whether to notify the relevant judge.