• Swiss GAAP FER


Swiss GAAP FER (Accounting and Reporting Regulations) (www.fer.ch) focus on the presentation of the financial statements of small and medium-sized enterprises and corporate groups operating at national level only. Other users include not-for-profit organisations and company pension schemes. Swiss GAAP FER gives them the option of preparing meaningful financial statements that provide a true and fair view of their asset, financial and earnings situation and by doing so promotes communication with investors, banks and other interested parties.

Swiss GAAP FER is structured in modules, with small organisations having the option of limiting their reporting to core FER (framework concept and Swiss GAAP FER 1 to 6). Other organisations are obliged to apply the entire standard.

Swiss GAAP FER is the best solution for many small and medium-sized enterprises as it is subject to far more extensive regulation and to considerably fewer amendments than International Financial Reporting Standards (IFRS). This has recently prompted various listed Swiss companies to decide to make the transition from IFRS to Swiss GAAP FER.

Thanks to our many years' experience, BDO can provide you with the following assistance:

  • Support with the first-time introduction of FER
  • Answers to any questions you have about the interpretation of the standard
  • Audits of your annual financial statements and consolidated financial statements in accordance with FER
  • Analyses of FER as compared with IFRS, IFRS for SMEs or CO