Financial Management

5.1.0.1 Ordinance on the finances of the confederation

Ordonnance sur les Finances de la Confédération – RS 611.01 5 April 2006 Caroline Kuyper
This ordinance determines the instruments necessary for the budgetary management of the Confederation and the accounting standards applicable to offices of the Confederation.

5.1.0.2 Ordinance of the ETH Board on accounting in the EPF Domain

Ordonnance du Conseil des EPF sur la comptabilité du domaine des EPF – RS 414.123 5 December 2014 Caroline Kuyper
This ordinance determines the general accounting principles applicable to institutions of the EPF Domain, particularly with regard to accounting standards, principles of evaluation of assets and liabilities and presentation of annual accounts.

5.1.0.3 Manuel de présentation des comptes pour le Domaine des EPF

Manuel de présentation des comptes pour le Domaine des EPF 1st January 2018, Status as at 19th October 2018 Bertold Walther
The Accounting Manual for the ETH Domain (in French and German only) lays out the accounting principles set by the Ordonnance du Conseil des EPF sur la comptabilité du domaine des EPF (RS 414.123) and which are applicable to EPFL. It notably covers (non-exhaustive list):

  • The content of the balance sheet and profit and loss accounts, as well as their principles for recognition and measurement;
  • The materiality threshold;
  • The management rules for third-party financing;
  • The principles of integration (consolidation) of units in the consolidated accounts for EPFL.

5.1.1 EPFL financial rules and regulations

Financial Regulations 12 March 2012, Status as at 1st January 2019 Caroline Kuyper
This document defines all the financial rules and directives that determine the tasks, responsibilities and competences as well as the regulations for ensuring a healthy, effective and transparent management of EPFL financial resources.

The document “Directives du CEPF sur les participations dans des entreprises au sein du domaine des EPF” (ETH Board guidelines on shareholding in companies within the ETH Domain) sets out in particular the types of shareholding, requirements for the establishment of entities, funding and management of investments, controlling obligations as well as the duty to inform the ETH Board and provide access to information.