Advertisement

The Swiss Way of Presenting the Governments’ Financial Statements

  • Nils Soguel
Chapter
Part of the Governance and Public Management book series (GPM)

Abstract

The goal of this chapter is to give the reader the keys to understanding the financial statements and budget plans as they are prepared and presented by Swiss governments at the three different levels. In Switzerland, as elsewhere, financial statements are a major element of governmental information systems, and must be organized so as to respond to the various expectations interested parties have of the government. These expectations have evolved over time as the country’s internal institutions have transformed, as well as due to technical, accounting, and computing changes. Swiss governments have achieved a high standard of quality in their financial statements with some of them fulfilling all the requirements formulated in the International Public Sector Accounting Standards (IPSASs). This is remarkable, considering the great autonomy the cantons have in this area, and remarkable in the absence of legal strictures obligating cantonal governments to use the proposed harmonized accounting model.

Keywords

Harmonized accounting model Statement of financial performance Statement of capital expenditure Statement of financial position Cash flow statement 

References

  1. CFM (Conference of Cantonal Finance Ministers/Konferenz der kantonalen Finanzdirektoren). (1981). Government accounting manual/Handbuch des Rechnungswesens der öffentlichen Haushalte [HAM1]. Bern: Verlag Paul Haupt.Google Scholar
  2. CFM (Conference of Cantonal Finance Ministers/Konferenz der kantonalen Finanzdirektorinnen und Finanzdirektoren). (2008). Manual – Harmonised accounting model for cantons and municipalities/Handbuch – Harmonisiertes Rechnungsmodell für die Kantone und Gemeinden [HAM2]. Bern: CFM.Google Scholar
  3. Clémenceau, M., & Soguel, N. (2014). Impact des imputations internes sur le niveau des déficits publics: Le cas des cantons suisses. In M. Djouldem, G. Tellier, & C. de Visscher (Eds.), Les réformes des finances publiques: Enjeux politiques et gestionnaires (pp. 187–216). Bruxelles: Ed. Bruylant.Google Scholar
  4. Clémenceau, M., & Soguel, N. (2018). How does depreciations management affect subsequent fiscal performance? The case of the Swiss Cantons. Swiss Journal of Economics and Statistics, 154(7), 1–13.Google Scholar
  5. IMF (International Monetary Fund) Statistics Department. (2014). Government finance statistics manual 2014. Washington, DC: International Monetary Fund.Google Scholar
  6. IPSASB (International Public Sector Accounting Standards Board). (2015). Handbook of international public sector accounting pronouncements. New York: International Federation of Accountants-IFAC.Google Scholar
  7. Soguel, N., & Munier, E. (2017). Harmonisierung der Rechnungslegung in den Kantonen und Gemeinden. Rechnungswesen & Controlling, 2, 2–4.Google Scholar

Copyright information

© The Author(s) 2019

Authors and Affiliations

  1. 1.IDHEAPUniversity of LausanneLausanneSwitzerland

Personalised recommendations