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      Our U.S. Accounting & Reporting team (USARG) supports Swiss companies exploring U.S. capital market transactions and those that require the application of U.S. GAAP.  

      We work with public and private entities, including companies preparing for or executing U.S. capital market transactions such as an initial public offering.

      Our multidisciplinary approach gives clients access to U.S. accounting and reporting specialists in Switzerland and internationally. This includes expertise in accounting advisory, audit, tax, valuation, forensics and internal controls. As a result, we develop a comprehensive understanding of each organization and its reporting environment.

      We support clients with U.S. GAAP conversions, ongoing accounting and financial reporting, and complex transactions across audit and non‑audit contexts. Our experience helps clients address key risk areas, meet regulatory and investor expectations, and establish robust and audit‑ready U.S. GAAP reporting processes.

      Mohamad Midani

      Partner, Head of the U.S. Accounting and Reporting Group

      KPMG Switzerland

      Thijs Fransen

      Partner, Audit, Western Switzerland

      KPMG Switzerland


      Why KPMG services?

      • Integrated U.S. GAAP and Swiss expertise

        We combine deep U.S. GAAP knowledge with a strong understanding of Swiss reporting frameworks, regulatory requirements and market practices, ensuring solutions that work in both U.S. and Swiss contexts.

      • Multidisciplinary delivery model

        Our clients benefit from coordinated expertise across accounting advisory, audit, tax, valuation, forensics and internal controls, providing a comprehensive view of risks, impacts and reporting implications.

      • Practical and scalable solutions

        We focus on pragmatic implementation that fits the client’s organization, systems and timelines, supporting sustainable U.S. GAAP reporting processes beyond the initial conversion project.

      • Capital markets and SEC experience

        We support U.S. GAAP conversions in the context of IPOs and SEC reporting, helping clients meet regulatory expectations and achieve audit-ready and investor-ready reporting.

      Are you facing one of these U.S. GAAP challenges?

      Swiss companies facing U.S. GAAP requirements are often under significant pressure.

      U.S. GAAP conversions are frequently driven by capital market transactions, group reporting obligations or regulatory requirements, often with limited preparation time.

      Clients must manage technical accounting complexity while ensuring audit readiness, reliable reporting and alignment with U.S. and Swiss stakeholder expectations.

      Below are the most common challenges we address with our U.S. GAAP services:

      Managing complexity in U.S. GAAP conversions

      U.S. GAAP is a highly detailed accounting framework. Swiss companies often struggle to identify relevant differences compared to IFRS or Swiss GAAP FER and to apply complex recognition, measurement and disclosure requirements consistently across the group.

      Ensuring audit and SEC readiness

      Clients frequently underestimate the level of documentation, consistency and governance expected in U.S. GAAP audits and SEC reporting. This can lead to delays, rework and increased audit effort.
       

      Tight timelines driven by transactions or reporting deadlines

      U.S. GAAP conversions are often triggered by IPOs, acquisitions or group restructurings. These projects frequently run alongside other strategic initiatives, leaving limited time for diagnostics, implementation and audit preparation.

      Coordinating Swiss and U.S. stakeholder expectations

      Swiss companies must often reconcile U.S. reporting requirements with Swiss regulatory frameworks, management expectations and local practices. Misalignment can lead to inefficiencies and communication challenges.

      Navigating success: our proven approach

      U.S. GAAP conversion projects require a structured approach and close collaboration between accounting, finance, tax, IT and external stakeholders.

      KPMG Switzerland works alongside client teams and, where relevant, US group functions, auditors and advisors to ensure efficient implementation and audit‑ready outcomes.

      • Readiness & initial assessments

        We evaluate your current accounting framework, identify key accounting differences, and guide you through the full readiness process to ensure a smooth and compliant start.

      • Implementation support

        We help you design and implement your U.S. GAAP accounting policies, tailored to your sector and operating environment.

      • Ongoing support and implementation of new standards

        We support you through new and emerging accounting issues post implementation, as well as in the implementation of new accounting standards.


      Partnering for success: submit your interests & open questions

      We look forward to your requests and will be happy to answer open questions you may have.

      Meet our experts

      Mohamad Midani

      Partner, Head of the U.S. Accounting and Reporting Group

      KPMG Switzerland

      Thijs Fransen

      Partner, Audit, Western Switzerland

      KPMG Switzerland