Federal Department of Finance FDF

Financial Reporting of the Swiss Confederation

Marc Wermuth Federal Finance Administration FFA

Financial Reporting Products (1)

Content: Increasing level of detail Additional documentation for Finance Committee Vol 3: Additional explanations and statistics Vol 2A/2B: Accounts/budget of AUs (Credits & supporting evidence) Vol 1: Financial reporting (Financial statement/budget) Financial plan and legislative financial plan Brief guide to Swiss Addressees: Government finances Increasing specialisation Finance Members of Parliament, Committee, media, Government, organisations Administration
11th Annual OECD Public Sector Accruals Symposium, Paris 3-4 March 2011 2

Public

Federal Department of Finance FDF

Financial Reporting Products (2)

Federal Department of Finance FDF

11th Annual OECD Public Sector Accruals Symposium, Paris 3-4 March 2011 3

Confederation Account
Vol. 1: Report on the Confederation account
Financial Commentary Extended Notes Section Common Indicators
Overview, key results, development of revenue and expenditure Additional information on the financial statements e.g. debt ratio, fiscal ratio, public spending ratio

Vol. 2A/2B: Accounts of administrative units

Budgetary credits/ credit lines
Separate income statement and statement of investments for each administrative unit Separation between functional and transfer expenses (different credit types)

Vol. 3: Additional explanations and statistics

Additional explanations Statistics
Supplementary schedules, functional classification of expenditure Cross-sectional functions Comparisons over time
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Federal Department of Finance FDF

Consolidated Reporting (1)

Consolidated
Marketable tasks Low need for coordiAutonomy, nation visibility

account

Low need Non-sovereign for political tasks guidance

Ministerial tasks
Centralised services
Confederation account

Economic /safety supervisory tasks

Monopoly-type services

Market-based services Outsourced services

Federal Department of Finance FDF

11th Annual OECD Public Sector Accruals Symposium, Paris 3-4 March 2011 5

Consolidated Reporting (2)

Consolidated Account
Federal Central Government Decentralised Federal Government
(separate accounts)
Ministerial tasks
Balance Sheet Total

100 bn CHF

Economic/safety supervisory tasks Monopoly-type services

16 bn CHF

Not consolidated
Outsourced entities
Market-based public services 145 bn CHF

Federal Department of Finance FDF

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Contact information
Federal Finance Administration FFA Finance and Accounting Bundesgasse 3 CH-3003 Berne marc.wermuth@efv.admin.ch Accounting@efv.admin.ch

Federal Department of Finance FDF

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