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 ED/2019/6 “Disclosure of Accounting Policies – Proposed amendments to IAS1 and IFRS Practice Statement 2”

We do not support the proposed amendments as they currently stand. This is for the same reasons articulated by Martin Edelmann in his...

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Accounting

Comment Letter on the Exposure Draft “Deferred Tax Related to Assets and Liabilities Arising from a Single Transaction (Amendments to IAS 12)”

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

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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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  • 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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