What is fer in accounting?
The Accounting and Reporting Recommendations (Swiss GAAP FER) are Swiss accounting standards that provide a true & fair view of financial position, cash flows and the results of operations. The concept. The project process. The standards. Partners.
Does Switzerland use IFRS?
Although a formal public statement has not been made, the Swiss Government accepts IFRS Standards as issued by the Board (in addition to the IFRS for SMEs Standard, US GAAP, IPSASs, and Swiss GAAP FER) as an acknowledged accounting framework in accordance with the Swiss Code of Obligations.
What accounting standards are used in Switzerland?
The two main true and fair accounting standards applied in Switzerland are the Swiss generally accepted accounting principles, known as Swiss GAAP FER, and international financial reporting standards, IFRS.
Who regulates accountants in Switzerland?
EXPERTsuisse, the Swiss Expert Association for Audit, Tax and Fiduciary is the main accounting regulation body in Switzerland. The association is comprised of more than 6,000 Swiss certified auditors, tax and fiduciary experts and around 850 companies.
Is ACCA valid in Switzerland?
The ACCA qualification is legally recognized by all member countries of the European Union under the Mutual Recognition Directive. This recognition extends to the European Economic Area nations and Switzerland.
Is CFA equal to masters?
The Masters programme has a more general approach, preparing graduates for careers in corporate finance, capital markets, and asset management. The CFA programme, on the other hand, is more suited to professionals who need more specialised knowledge and expertise in the field of investment.
Does CFA count as a Masters?
The Chartered Financial Analyst (CFA) program is a postgraduate professional certification offered internationally by the American-based CFA Institute (formerly the Association for Investment Management and Research, or AIMR) to investment and financial professionals….History.
| Sector | % |
|---|---|
| Financial planning | 3% |
| Others | 9% |