The Swiss government wants to change the accounting so that a better picture of the actual asset, financial and earnings situation arises. Background the high Surpluses of the last years, the part not yet claimed withholding tax receivables or advance payments, the Federal tax fell are. For the company it was worth it to pay the money to the Federal to Park instead of the Bank negative interest rates.
The Parliament demanded that a Motion for an adjustment of the accounting. It instructed the Federal government to consider a vote of the financial control on the income statement. Today the Federal government controls the budget on the financing statement, which forms the basis for the debt brake.
the Federal Council want to stay basically. However, he is willing, the financing approach of the invoice to the income statement. He has adopted on Wednesday, the message for a corresponding Amendment to the financial budget act. New all accruals and deferrals, and provisions should be taken into account analogously to the income statement in the financial accounts. The budgetary control will invoice this period oriented in the sense of success, writes the Federal Council.
ensure that all accruals and provisions in the Finance bill that can be accepted and must be adapted to the expenditure and revenue concept. Expenditure and revenue will be in the future arises uniformly in that accounting year during which the loading and discharge from an economic point of view, not as of the date of effective payment.
difference in investments
as a result, the differences between funding and success, be reduced to the Essential, namely on the various ways of dealing with investments. The income statement shows the change in Wealth, while the financing of shows, whether it is the Federal government is able to make his consumption and his investment without borrowing.
The Federal Council anticipates that the Amendment changed the financial and political room for manoeuvre in the Budget. The formation and the reversal of deferred income and provisions should balance out in the long term, he writes. In addition, you would generally known only with the financial statements and could not be budgeted.
The Federal Council has calculated how the change in the law would have been, when it would have been in the last ten years. Accordingly, the estimate would have been an annual average of 62 million relieved. In the future, it should be around 37 million Swiss francs. The financial statements would in retrospect have been approximately 180 million worse.
The Federal Council takes the opportunity to simplify in the financial budget act, the rules for supplementary credits and credit overruns and loosen up. The aim is that the administrative units to budget more accurately. (fal/sda)
Created: 27.11.2019, 17:14 PM
