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.
- 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.