MCH2
Since 1 January 2025, the municipality of Jongny has prepared its accounts according to the new second-generation Harmonised Accounting Model for the Public Sector (hereinafter MCH2). The main objective of this model is to harmonise the chart of accounts across all public entities in Switzerland, thereby enabling greater comparability.
MCH2 also aligns with the practices of international public sector accounting standards, namely the IPSAS (International Public Sector Accounting Standards).
It allows for the consideration of national and international requirements regarding financial statistics. Ultimately, it provides increased transparency, harmonisation, and stability in the preparation and presentation of public accounts, as well as a better understanding of these accounts by users.
The harmonised chart of accounts forms the core of MCH2, which all public entities are encouraged to adopt by 2027.