OR Art. 962a -

Einleitung zur Rechtsnorm OR:

The Swiss Code of Obligations is a central code of Swiss civil law that regulates the legal relationships between private individuals. It includes five books that cover various aspects of contract law, law of obligations and property law, including the formation, content and termination of contracts, as well as liability for breach of contract and tort. The Code of Obligations is an important code of law for business and everyday life in Switzerland, as it forms the basis for many legal relationships and contracts and has been in force since 1912, whereby it is regularly adapted to social and economic developments.

Art. 962a OR from 2025

Art. 962a Recognised financial reporting standards

¹ If financial statements are prepared in accordance with a recognised financial reporting standard, details of the standard must be given in the financial statements.

² The chosen recognised standard must be applied in its entirely and for the financial statements as a whole.

³ Compliance with the recognised standard must be verified by a qualified audit specialist. An ordinary audit must be made of the financial statements.

⁴ Financial statements in accordance with a recognised standard must be submitted to the supreme management body when the annual accounts are submitted for approval, although they do not require approval.

⁵ The Federal Council shall specify the recognised standards. It may stipulate requirements that must be met when choosing a standard or when changing from one standard to another.