100+ Free Dipl. Experte in Rechnungslegung und Controlling Practice Questions

Prepare for the Diplomierte/r Expertin / Experte in Rechnungslegung und Controlling mit eidgenössischem Diplom exam with instant access — no signup required.

✓ No registration✓ No credit card✓ No hidden fees✓ Start practicing immediately

100+ Questions

100% Free

Loading practice questions...

Same family resources

Explore More Swiss Federal Higher Diplomas in Finance and Taxation (Höhere Fachprüfung)

Continue into nearby exams from the same family. Each card keeps practice questions, study guides, flashcards, videos, and articles in one place.

2026 Statistics

Key Facts: Dipl. Experte in Rechnungslegung und Controlling Exam

NQF 8

Swiss Qualification Level

SBFI National Qualifications Framework

Grade 4.0

Minimum Passing Grade

Prüfungskommission RWC (Scale 1-6)

CHF 3,400

Federal Exam Fee

Prüfungsordnung RWC

50%

Federal Tuition Subsidy

SBFI Bundesbeiträge (Up to CHF 10,500)

1,330 min

Total Examination Time (Written & Oral)

Prüfungsordnung RWC

100

Practice Questions

OpenExamPrep

The Swiss Federal Advanced Diploma for Experts in Accounting and Controlling (HFP Rechnungslegung & Controlling) is an NQF Level 8 finance-leadership credential. Administered by swissaccounting and KV Schweiz under SBFI oversight, it evaluates reporting and consolidation, strategic and operational controlling, corporate finance and valuation, taxation, data management, and governance and internal controls.

Sample Dipl. Experte in Rechnungslegung und Controlling Practice Questions

Try these sample questions to test your Dipl. Experte in Rechnungslegung und Controlling exam readiness. Each question includes a detailed explanation. Start the interactive quiz above for the full 100+ question experience with AI tutoring.

1Under Swiss GAAP FER 30, what consolidation method applies to a subsidiary that the group controls?

A.Acquisition method (Erwerbsmethode / Full Consolidation) incorporating 100% of the subsidiary's assets and liabilities, recognizing non-controlling interests (Minderheitsanteile) separately in equity

B.Proportional consolidation (Quotenkonsolidierung)

C.Equity method (Equity-Methode / Assoziierte Organisationen)

D.Cost method at historical purchase price

Explanation: A controlled subsidiary is fully consolidated under the acquisition method: its assets, liabilities, income, and expenses are included, with non-controlling interests shown separately. More than 50% of voting rights usually indicates control, but control is the governing concept and can require analysis beyond a mechanical percentage.

2Parent AG acquires 80% of Subsidiary B on 1 January 2025 for a purchase price of CHF 16,000,000 in cash. On that date, Subsidiary B's revalued net assets (identifiable fair value equity) amount to CHF 15,000,000. What is the Goodwill arising on consolidation under Swiss GAAP FER 30?

A.CHF 4,000,000 (Purchase price CHF 16.0M minus 80% of net assets CHF 12.0M)

B.CHF 1,000,000 (Purchase price CHF 16.0M minus 100% of net assets CHF 15.0M)

C.CHF 3,000,000

D.CHF 0 (Goodwill is prohibited under Swiss GAAP FER 30)

Explanation: Under Swiss GAAP FER 30 Para. 8, Goodwill is calculated as the Acquisition Cost minus the Group's share in the revalued net identifiable assets of the acquired company: Goodwill = Purchase Price (CHF 16,000,000) - 80% of Fair Value Net Assets (80% × CHF 15,000,000 = CHF 12,000,000) = CHF 4,000,000.

3Under Swiss GAAP FER 30 (Para. 10 & 11), what are the two permitted accounting policy options for the subsequent treatment of acquired Goodwill in the consolidated financial statements?

A.Capitalization as an intangible asset with straight-line amortization over useful life (typically 5 years, max. 20 years), OR direct offset against consolidated equity (Verrechnung mit dem Eigenkapital) at acquisition date with shadow amortization in the notes

B.Indefinite useful life with annual impairment testing only (IFRS model), OR immediate expensing in the local statutory P&L

C.Annual revaluation to market value through equity, OR conversion into debt

D.Mandatory permanent capitalization with no amortization permitted under any circumstances

Explanation: Swiss GAAP FER 30 grants an explicit choice of accounting policy for goodwill: 1) Capitalization and systematic amortization over useful life (usually 5 years, max 20 years with justification), OR 2) Direct offset against consolidated equity (Verrechnung mit den Gewinnreserven) at acquisition date, accompanied by a mandatory theoretical restatement schedule in the notes (Schattenrechnung FER 30 Para. 12).

4During the financial year, Parent AG sells merchandise for CHF 2,000,000 to its 100% Subsidiary B at a profit margin of 25% on sales price (unrealized intercompany profit = CHF 500,000). At year-end, Subsidiary B still holds 40% of these goods in its inventory. What intercompany profit elimination entry (Zwischengewinneliminierung) must be made in the consolidated accounts under Swiss GAAP FER 30?

A.Debit Cost of Goods Sold / Operating Profit (Erfolgsrechnung) CHF 200,000 / Credit Consolidated Inventories (Vorräte) CHF 200,000

B.Debit Consolidated Inventories CHF 500,000 / Credit Revenue CHF 500,000

C.Debit Accounts Receivable CHF 200,000 / Credit Accounts Payable CHF 200,000

D.No entry, because transactions between group companies are realized at the legal entity level

Explanation: Unrealized intercompany profit remaining in ending inventory = Total intercompany profit (CHF 500,000) × 40% remaining inventory = CHF 200,000. Under FER 30 Para. 18, all unrealized intercompany profits from intra-group deliveries must be fully eliminated against consolidated profit and inventory carrying values: Debit COGS/Profit CHF 200,000 / Credit Inventory CHF 200,000.

5A Swiss multinational group consolidates a foreign subsidiary domiciled in the Eurozone whose functional currency is EUR. Under Swiss GAAP FER 30 (Para. 20), what foreign currency translation method must be applied?

A.Closing Rate Method (Stichtagskursmethode): Balance sheet assets and liabilities translated at the closing rate on the balance sheet date; Income statement items translated at average rates for the period; resulting translation differences recognized directly in consolidated equity

B.Temporal Method (Zeitbezugsmethode) translating all non-monetary assets at historical rates through P&L

C.Current spot rate for all revenue and 10-year historical average for all liabilities

D.All foreign subsidiaries must convert their local books into CHF at fixed parities

Explanation: Under Swiss GAAP FER 30 Para. 20, foreign operations operating independently in their local functional currency are translated using the Closing Rate Method (Stichtagskursmethode): Assets and liabilities at the year-end closing rate; P&L at average rates (or closing rate); translation differences (Umrechnungsdifferenzen) are credited/debited directly to consolidated equity without affecting P&L.

6Under Swiss GAAP FER 30 (Para. 5), how must an Associated Company (Assoziierte Organisation), in which the parent holds a 30% voting interest and exercises significant influence, be consolidated?

A.Using the Equity Method (Equity-Methode): recorded initially at acquisition cost and subsequently adjusted for the group's share of net profit/loss and dividend distributions

B.Full consolidation (Erwerbsmethode) with 70% minority interest

C.Proportional consolidation (Quotenkonsolidierung) with 30% of each line item added to the balance sheet

D.Cost method with zero adjustments for subsequent profits

Explanation: Under Swiss GAAP FER 30 Para. 5, associated entities (20% to 50% voting rights with significant influence) must be included in the consolidated financial statements using the Equity Method (Equity-Methode). The carrying amount is updated annually by the group's 30% share of comprehensive profit/loss and reduced by dividends received.

7A Swiss corporate group has the following financial structure: Market Value of Equity = CHF 60,000,000, Market Value of Debt = CHF 40,000,000, Cost of Equity (Re) = 9.0%, Pre-tax Cost of Debt (Rd) = 4.0%, and Marginal Corporate Income Tax Rate (T) = 20.0%. What is the Weighted Average Cost of Capital (WACC)?

A.6.68% [0.60 × 9.0% + 0.40 × 4.0% × (1 - 0.20) = 5.40% + 1.28%]

B.7.00% [0.60 × 9.0% + 0.40 × 4.0%]

C.8.20%

D.5.50%

Explanation: WACC = (E/V × Re) + [D/V × Rd × (1 - T)]. Total Value (V) = CHF 60M + CHF 40M = CHF 100M. Equity weight (E/V) = 60%; Debt weight (D/V) = 40%. WACC = (0.60 × 9.0%) + [0.40 × 4.0% × (1 - 0.20)] = 5.40% + (0.40 × 3.20%) = 5.40% + 1.28% = 6.68%.

8In Value-Based Management (Wertorientierte Unternehmensführung), what is the formula for Economic Value Added (EVA) developed by Stern Stewart?

A.EVA = NOPAT - (Capital Employed × WACC) [where NOPAT is Net Operating Profit After Taxes]

B.EVA = EBITDA - Capital Expenditures

C.EVA = Net Profit - Cash Dividends Paid

D.EVA = Gross Sales - Total Operating Expenses

Explanation: Economic Value Added (EVA) measures true economic profit generated in excess of the cost of capital: EVA = NOPAT (Net Operating Profit After Taxes) - (Capital Employed × WACC), or equivalently EVA = (ROIC - WACC) × Capital Employed. A positive EVA indicates that shareholder value is being created.

9A Swiss manufacturing division has Net Operating Profit After Tax (NOPAT) of CHF 8,000,000, Capital Employed (Net Operating Assets) of CHF 50,000,000, and a WACC of 8.0%. What is the division's Return on Invested Capital (ROIC) and its Economic Value Added (EVA)?

A.ROIC = 16.0% (CHF 8.0M / CHF 50.0M); EVA = +CHF 4,000,000 [CHF 8.0M - (CHF 50.0M × 8%)]

B.ROIC = 10.0%; EVA = +CHF 1,000,000

C.ROIC = 8.0%; EVA = CHF 0

D.ROIC = 20.0%; EVA = +CHF 6,000,000

Explanation: ROIC = NOPAT / Capital Employed = CHF 8,000,000 / CHF 50,000,000 = 16.0%. Cost of Capital Charge = CHF 50,000,000 × 8.0% = CHF 4,000,000. EVA = NOPAT (CHF 8,000,000) - Capital Charge (CHF 4,000,000) = +CHF 4,000,000. (Alternatively: EVA = (ROIC - WACC) × CE = (16% - 8%) × CHF 50M = CHF 4,000,000).

10A CFO performs a Discounted Cash Flow (DCF) company valuation using the Entity Approach (Free Cash Flow to Firm / FCFF). The forecasted Free Cash Flow for the terminal year is CHF 10,000,000, the WACC is 8.0%, and the perpetual long-term growth rate (g) is 2.0%. What is the Terminal Value (Fortführungswert) using the Gordon Growth Model?

A.CHF 170,000,000 [CHF 10.0M × (1 + 0.02) / (0.08 - 0.02) = CHF 10.2M / 0.06]

B.CHF 125,000,000 [CHF 10.0M / 0.08]

C.CHF 200,000,000

D.CHF 100,000,000

Explanation: Gordon Growth Terminal Value Formula: TV = FCF_(t+1) / (WACC - g) = [FCF_t × (1 + g)] / (WACC - g). Calculating: [CHF 10,000,000 × 1.02] / (0.08 - 0.02) = CHF 10,200,000 / 0.06 = CHF 170,000,000.

About the Dipl. Experte in Rechnungslegung und Controlling Exam

The Diplomierte/r Expertin / Experte in Rechnungslegung und Controlling mit eidgenössischem Diplom is a Swiss federal advanced professional qualification for senior financial accounting and controlling work, classified at Level 7 of the Swiss National Qualifications Framework. It covers reporting and consolidation, management controlling, corporate finance, taxation, data management, governance, and interdisciplinary case analysis. Note on format and language: the official federal examination is conducted in German, French, and Italian and consists of extensive written and computer-based case work plus a presentation and technical discussion rather than multiple-choice questions. This question bank is an English-language multiple-choice study adaptation created by OpenExamPrep—not an official translation and not a simulation of the exam format—that preserves authentic Swiss financial, legal, and controlling terminology.

Assessment

Seven parts: Reporting (300 min, weight 3), Controlling (300 min, weight 3), Corporate Finance (180 min), Taxes (120 min), Data Management (90 min computer-based), an Interdisciplinary Case Study (240 min computer-based, weight 3), and Presentation/Fachgespräch (100 min including 60 min preparation).

Time Limit

1,330 minutes (22 hours 10 minutes), including oral preparation time

Passing Score

Overall grade of at least 4.0 (scale 1.0 to 6.0), where 4.0 is the pass mark under the Prüfungsordnung

Exam Fee

CHF 3,400 for first-time candidates; preparatory courses are eligible for the 50% Swiss federal tuition subsidy (Bundesbeiträge up to CHF 10,500) (Verein für höhere Prüfungen in Rechnungswesen und Controlling (swissaccounting and Kaufmännischer Verband Schweiz), under SBFI supervision)

Dipl. Experte in Rechnungslegung und Controlling Exam Content Outline

35%

Financial Reporting & Group Consolidation (Swiss GAAP FER / IFRS)

Swiss GAAP FER comprehensive standards, IFRS core principles, consolidated financial statements (Konzernrechnung), currency translation (functional vs. presentation currency), business combinations, goodwill impairment, deferred taxes, and cash flow consolidation.

25%

Strategic & Operational Controlling

Strategic cost management, activity-based costing (Prozesskostenrechnung), target costing, Value-Based Management (EVA, ROCE, WACC), performance measurement, balanced scorecard, forecasting, variance analysis, and digital BI reporting.

20%

Corporate Finance, Treasury & Company Valuation

Capital structure optimization, dynamic investment appraisal (NPV, IRR, Payback), Discounted Cash Flow (DCF) valuation, Trading/Transaction Multiples, Working Capital Management, Treasury hedging (FX/IR derivatives), and liquidity planning.

10%

Corporate Taxation & Restructuring Tax Law

National and cantonal corporate income/capital tax optimization, participation relief (Beteiligungsabzug), tax-neutral reorganizations (mergers, demergers, asset transfers under DBG/StHG/FusG), group financing, and transfer pricing fundamentals.

10%

Governance, IKS Risk Management & Law

Corporate governance principles, Internal Control System (IKS / COSO framework), Enterprise Risk Management (ERM), Swiss company law (Aktienrecht), compliance regulations, and executive financial ethics.

How to Pass the Dipl. Experte in Rechnungslegung und Controlling Exam

What You Need to Know

Passing score: Overall grade of at least 4.0 (scale 1.0 to 6.0), where 4.0 is the pass mark under the Prüfungsordnung
Assessment: Seven parts: Reporting (300 min, weight 3), Controlling (300 min, weight 3), Corporate Finance (180 min), Taxes (120 min), Data Management (90 min computer-based), an Interdisciplinary Case Study (240 min computer-based, weight 3), and Presentation/Fachgespräch (100 min including 60 min preparation).
Time limit: 1,330 minutes (22 hours 10 minutes), including oral preparation time
Exam fee: CHF 3,400 for first-time candidates; preparatory courses are eligible for the 50% Swiss federal tuition subsidy (Bundesbeiträge up to CHF 10,500)

Keys to Passing

Work through all 100 available questions
Review every answer and explanation
Track weak areas and revisit them
Use our AI tutor for tough concepts

Dipl. Experte in Rechnungslegung und Controlling Study Tips from Top Performers

1Master Group Consolidation under Swiss GAAP FER 30: Practice step-by-step acquisition method (Erwerbsmethode) entries, goodwill treatment (capitalization & amortization vs. offset against equity), intercompany profit eliminations in inventory and fixed assets, debt consolidation, and foreign currency translation of subsidiaries using the closing rate method.

2Calculate Value-Based Management Metrics: Derive Weighted Average Cost of Capital (WACC = E/V × Re + D/V × Rd × (1 - T)), Economic Value Added (EVA = NOPAT - Capital Employed × WACC), Return on Invested Capital (ROIC), and Cash Flow Return on Investment (CFROI).

3Perform DCF Company Valuations: Build multi-stage Discounted Cash Flow models calculating Free Cash Flow to Firm (FCFF = EBIT × (1 - T) + D&A - CapEx - Delta NWC), discounting with WACC, and estimating terminal value using the Gordon Growth Model.

4Navigate Swiss Corporate Tax Optimization: Master the participation relief (Beteiligungsabzug) under DBG Art. 69/70, hidden profit distribution rules, thin capitalization safe harbor rules (Kreisschreiben 6), and tax-neutral asset transfers and mergers (Art. 61 DBG / FusG).

5Design Internal Control Systems (IKS): Apply the COSO 2013 Internal Control Integrated Framework (Control Environment, Risk Assessment, Control Activities, Information & Communication, Monitoring) to mitigate material financial reporting misstatements and operational fraud.

Frequently Asked Questions

What is the Dipl. Experte in Rechnungslegung und Controlling mit eidg. Diplom?

The Diplomierte/r Expertin / Experte in Rechnungslegung und Controlling is a Swiss federal advanced professional qualification in finance, accounting, and controlling, classified at Level 7 of the Swiss National Qualifications Framework. Holders commonly work in senior financial reporting, controlling, treasury, and finance-leadership roles.

Who oversees and conducts the Swiss Federal Expert Examination in Accounting & Controlling?

The examination is administered by the Verein für höhere Prüfungen in Rechnungswesen und Controlling, formed jointly by swissaccounting (formerly veb.ch) and the Kaufmännischer Verband Schweiz, operating under the regulatory authority of the SBFI.

What are the admission requirements for the Swiss Higher Federal Examination (HFP)?

Candidates must hold a Federal Diploma of Higher VET (Fachausweis in Finance/Accounting, Fiduciary, or Banking) plus at least 2 years of qualified executive practice, or a tertiary degree (HF / University Bachelor's or Master's) plus at least 3 years of qualified professional practice in finance, accounting, or controlling.

How is the Federal Examination structured and evaluated?

The official guide specifies seven parts: two 300-minute core papers, 180-minute Corporate Finance, 120-minute Taxes, 90-minute Data Management, a 240-minute interdisciplinary computer case, and a 100-minute presentation/technical-discussion block including 60 minutes of preparation.

Are preparatory courses subsidized by the Swiss Confederation?

Yes. Under the SBFI federal subsidy scheme for higher vocational education (Bundesbeiträge für eidgenössische Prüfungen), the Swiss Confederation reimburses 50% of eligible tuition costs (up to CHF 10,500 for Höhere Fachprüfungen / HFP) directly to candidates upon completing the official exam.

Why are practice questions provided in English on OpenExamPrep?

Executive financial management, group consolidation, IFRS reporting, and corporate valuation in Switzerland operate predominantly in English across multinational companies and financial institutions. This practice bank adapts Swiss GAAP FER, Swiss tax legislation, and controlling methodologies into English-language study questions to prepare leaders for complex scenarios.