Swiss GAAP FER

Swiss GAAP FER

Swiss GAAP FER governs aspects of accounting and reporting and is geared toward providing a true and fair view of a company’s financial position.

Swiss GAAP FER governs the core aspects of accounting and reporting.

Swiss GAAP FER gives companies a framework for informative financial reporting. The standards are suitable for companies listed in Switzerland, corporate groups with a national presence and SMEs. Swiss GAAP FER has a modular structure (core FER, full Swiss GAAP FER, listed companies), which makes it suitable for companies of different sizes. There are also industry-specific standards governing accounting and reporting for staff pension funds, insurers and not-for-profit organizations. Smaller organizations (total assets up to CHF 10 million, revenue up to CHF 20 million, up to 50 FTEs) may limit themselves to the framework and the six key standards (the ‘core FER’). Larger companies apply all the Swiss GAAP FER standards. Corporate groups are also required to abide by Swiss GAAP FER 30, ‘Consolidated financial statements’, while listed companies have also been obligated to comply with Swiss GAAP FER 31 since 2015. 


KPMG’s expertise

  • Advice on picking the right accounting and reporting standard
  • Help with switching annual/consolidated financial statements to Swiss GAAP FER
  • Clarification of issues regarding the implementation of Swiss GAAP FER
  • Auditing of annual/consolidated financial statements prepared in accordance with Swiss GAAP FER

Connect with us

 

Request for proposal

 

Submit

Event

Save the date - Swiss GAAP FER Event 2017

Aug
30
  • 30 August 2017
  • KPMG Switzerland
  • Zurich
  • Switzerland

During the Swiss GAAP FER event you will receive updates on current developments.

 
Read more

Change to Swiss GAAP FER

Change to Swiss GAAP FER

Recently, several public companies have made the decision to change their accounting from IFRS to Swiss GAAP FER.

Key contacts

Expert Blog

Read the latest articles from our audit experts.

 
Read blog articles