Project description
Project description and background
On 7 September 2012, the Executive Committee of the FER Foundation decided to revise Swiss GAAP FER 21. This revision was intended to focus on clarification of ambiguous provisions and integration into the concept of Swiss GAAP FER, consisting of core FER, further recommendations for medium-sized organizations, Swiss GAAP FER 30 for consolidated financial statements as well as Swiss GAAP FER 31 for listed companies. This revision has been based in particular on experience gained since the 1 January 2007 implementation of Swiss GAAP FER 21.
Consultation
The consultation period ended on 30 September 2014.
Contact: Prof. Dr. Reto Eberle
A total of 21 comments were received during the consultation period. Those comments that did not contain a confidentiality notice were included on the homepage. We thank all who took part in the consultation.
Questions & feedback
We are happy to provide you with information and receive your feedback.
Enactments
Decision and enactment of the recommendation:
The results of the consultation on the new regulations of Swiss GAAP FER 21 were discussed and accepted at the Executive Committee meeting of 10 December 2014. The definitive recommendation was published as part of Swiss GAAP FER 2014/15. The complementary Swiss GAAP FER 21 “Accounting for charitable non-profit organisations” entered into force on 1 January 2016.