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Categories
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IFRS
IFRS
- 3 Steps to IFRS Conversion for Small and Medium Entities
by Judith M. Myerson, President/Owner (January 2010)
Follow this process to help you analyze business impacts and identify, prioritize, and monitor risks if you are a small (fewer than 100 employees) or medium-sized (100 to 500 employees) company converting to International Financial Reporting Standards.
- Behind SAP’s Internal IFRS Project
by Davin Wilfrid (September 2009)
Like most global businesses with subsidiaries in dozens of countries, SAP’s reporting requirements are daunting. The looming switch to IFRS in the US has complicated things even further, requiring SAP to implement a parallel accounting structure to account for both US GAAP and IFRS reporting rules. See how the company was able to manage this complex project successfully, and how it plans to build on IFRS for the future.
- Build and Implement a Rock-Solid Compliance Framework for Your IFRS Conversion Project
by Kehinde Eseyin, Systems Support Manager, TOTAL Nigeria PLC, Nigeria (July 2009)
Many countries already operate under International Financial Reporting Standards (IFRS), while the US, among other countries, may be joining the fray. To simplify the conversion from your local reporting standard to IFRS and better manage the associated compliance risk, organizations must adopt strategies and best practices based on a proven compliance framework.
- How SAP ERP Combats the Challenges of Global Accounting and Financial Reporting Standards
by Kehinde Eseyin, Systems Support Manager, TOTAL Nigeria PLC, Nigeria (December 2009)
Review some SAP ERP solutions, functionalities, and capabilities that you can use to meet the challenges of specific International Financial Reporting Standards (IFRS) and International Accounting Standards (IAS) requirements, including ones that cover revenue, accounting policies, operating segments, and more.
- IFRS Adoption for US Companies: A Primer
by Anurag Barua, Senior Manager (July 2009)
Worried about the impending US conversion to International Financial Reporting Standards (IFRS)? See some quick hints about things you should know and places you can look for information as the landscape changes.
- Keep Up with Multiple Regulations by Controlling Multiple Data Retention Policies
by Judith M. Myerson, President/Owner (November 2009)
Follow four steps to help you identify, prioritize, and plan a data retention policy.
- Tackle Changes to Inventory, Cash Flow, and Benefit Regulations with SAP ERP
by Kehinde Eseyin, Systems Support Manager, TOTAL Nigeria PLC, Nigeria (January 2010)
Review some accounting standard changes, including changes to foreign exchange rates, inventory, and benefits, and see how the SAP ERP system can address them.
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