Within the scope of our mission statement, FER has defined its future orientation. The following positioning is envisioned:
FER as the standard-setter for high-quality Swiss accounting according to the “true& fair view”, around which an active community of users has grown.
FER promotes the communication and dissemination of financial accounting and reporting that takes into account specifically Swiss features and is intended for practical implementation. It promotes communication and sharing between producers, auditors, addressees, consultants, policymakers, administrators, standard-setters, supervisory authorities and other interested parties. It supports the high-quality implementation of Swiss GAAP FER standards in practice and helps to develop an independent statement of the principle of the True and Fair View.
Expressly not sought would be the enacting of a regulatory thicket, engaging in excessively theoretical discussions, or the establishment of an administration that works toward its own interests.