SwissHoldings lobbies for Financial Reporting Standards that reflect business reality

SwissHoldings lobbies for financial reporting standards that reflect business reality. International financial reporting standards (in particular IFRS) are of great importance to our member companies. SwissHoldings proactively monitors IFRS developments and trends. In our feedback statements to the IASB, we call for principles-based standards.

Accounting

Comment Letter on the Exposure Draft “Annual Improvements to IFRS Standards 2018-2020”

We support the proposed amendments as outlined in our response (in the appendix) which has been prepared in conjunction with our member...

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Accounting

Comment Letter on the Exposure Draft “Interest rate benchmark reform”

We agree that IFRS 9 and IAS 39 should be amended in anticipation of interest rate benchmark reform and we support the approach to amending...

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Accounting

Comment Letter on the Discussion Paper “Financial Instruments with Characteristics of Equity”

We very much welcome that the IASB is addressing this topic. Whilst we have many comments to the Discussion Paper, and some criticisms of...

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  • IFRS are to be embedded in a coherent and solid conceptual framework.
  • The regulators are being requested to allow enterprises the leeway necessary to implement the IFRS standards.
  • Corporate reality is becoming increasingly complex. Research projects must be weighted accordingly. New standards are only to be adopted after careful examination.
SwissHoldings pro-actively monitors the developments and trends regarding IFRS. We lobby for Financial Reporting Standards that reflect business reality.

Contact

Denise Anne Laufer

Member of the Executtive Commitee , lic. oec.

+41 31 356 68 62
denise.laufer@swissholdings.ch

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