Swiss GAAP FER 16

The Swiss GAAP FER standards focus on small and medium-sized entities and groups with a national reach, they are however also applied by larger groups with international operations. The increased use of Swiss GAAP FER, in particular by groups with a global reach has led to more questions on how to apply the standards in practice – for example in relation to the accounting for pension benefit obligations. In this publication, we address the financial impact of pension plans on the financial statements of a FER preparer in its capacity as employer considering the revised version of Swiss GAAP FER 16 ‘Pension benefit obligations’ which will come into effect on 1 January 2027.

This brochure provides answers to questions that, in our experience, arise frequently when preparing financial statements in accordance with Swiss GAAP FER. It also offers examples and interpretations of how the revised guidance in FER 16R can be applied in practice.

Entities must carefully assess whether the guidance provided in this publication is applicable to their specific facts and circumstances. This brochure does not reflect all provisions included in Swiss GAAP FER. It is rather a collection of questions that arose or are likely to arise in practice and approaches how to solve those questions that are, in our view, in-line with the principles outlined in Swiss GAAP FER. For significant transactions or items, we recommend consulting the official Swiss GAAP FER standards as well as seeking professional advice. PwC does not accept any liability for damages arising in connection with the use of this brochure.