Jürg Gehring
Head of Office Lausanne - Partner
BDO is your partner for Swiss GAAP FER – from adoption and conversion to interpretation.
Swiss GAAP FER focuses on financial reporting for small and medium-sized enterprises and groups with national reach. Other FER reporters include non-profit organisations and pension funds. Swiss GAAP FER offers these users an informative reporting framework that allows them to present a true and fair view of their net assets, financial position and results of operations. The standards also encourage dialogue with investors, banks and other stakeholders.
Swiss GAAP FER standards are modular. Smaller organisations can limit their adoption to core FER (Framework and Swiss GAAP FER 1 to 6). Other organisations have to observe the standards in their entirety.
Swiss GAAP FER makes sense as the reporting standard of choice for many small and medium-sized enterprises. Swiss GAAP FER has a lower degree of regulation compared to International Financial Reporting Standard (IFRS) and is also significantly less impacted by amendments.
