Key facts
The Swiss Federal Audit Office (SFAO) is the supervisory body for the compensation fund in accordance with Article 118 of the Ordinance on Compulsory Unemployment Insurance and Benefits on Insolvency. In this role, and given the large volume of payments made by the unemployment insurance office (UI), the SFAO decided in 2017 to develop a range of data analyses. These analyses provide additional audit security for all the benefits paid out and reported in the consolidated annual financial statements for the compensation fund. They are also intended to identify those benefits that are at risk of being unlawful. The aim of this is to prevent payments being made in improper circumstances.