The calculation of the figures to be audited or the calculated proof of wage equality between the genders, such as in the example above, is always the responsibility of the company. The auditor only checks the calculations undertaken by the client and mentions the actual findings in his or her report.
Special purpose audits
In addition to the legally obligatory types of audit and the other reviews (e.g. according to Swiss GAAP FER or IFRS), there are various other situations which could also require an audit. Stakeholders may want assurance that:
- Key figures reported as part of a credit agreement have been calculated in line with the agreement;
- Wage equality exists between the genders within a company and standard industry wages are paid (also see “wage equality examinations”);
- The sales reported to the landlord by a fashion boutique are correct (in the case of sales-based rent).
In cases like these, audits are limited to the respective objects and do not encompass the entire annual financial statements or wage accounting.
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Project Lead
Daniel Carotta
+41 44 533 76 00
PRÜFAG Wirtschaftsprüfung AG - Badenerstrasse 144 - 8004 Zürich - Phone +41 44 533 76 00 - info@pruefag.ch
PRÜFAG Lohnbuchkontrollen AG - Badenerstrasse 144 - 8004 Zürich - Phone +41 44 533 76 00 - info@pruefag.ch
IAPA is a global association of independent accountancy and business advisory firms that aims to support its members in providing their clients with a diverse range of professional, comprehensive and cost-effective business solutions, regardless of sector or location, to realise their international objectives. IAPA has over 200 member firms in some 70 countries and ranks amongst the top 25 global accounting organisations whose membership annual turnover is over 1 billion US$.
