According to the expressed wishes of the Intercantonal conference of the cantonal finance ministers, the purpose of the Swiss Public Sector Financial Reporting Advisory Committee (SRS-CSPCP) is to foster a transparent, standardized and comparable way of preparing and presenting financial statements among Swiss public sector entities.
This purpose is also supported by the head of the Swiss government. As a matter of fact, the Federal Council is committed to harmonize the standards used by the Confederation, the cantons and the municipalities to prepare and present the information reported in their financial statements.