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Streamlining Your Conversion to IFRS: Challenges, Choices, and Transformative Technologies
Transitioning to international financial reporting standards (IFRS) is more than just a mandate—it’s an opportunity for companies to improve their financial

ifrs ias  single account. For example, IFRS IAS 1 requires different balance-sheet headings than those used under local GAAP. In IFRS, Stock is used instead of Inventories and Fixed Assets replaces the GAAP heading Property, Plant, and Equipment. Moving forward, your company will benefit by having flexible and powerful end-user reporting functionality. Such features can allow the headquarters consolidation team to create, modify, and amend their own reports - without IT assistance Integrated Source Systems Read More...
Discrete Manufacturing (ERP)
The simplified definition of enterprise resource planning (ERP) software is a set of applications that automate finance and human resources departments and help manufacturers handle jobs such as or...
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Documents related to » ifrs ias


Smooth Transition: Preparing for IFRS
International Financial Reporting Standards (IFRS) are the reporting standards developed by the International Accounting Standards Board (IASB). IFRS is now

ifrs ias  | Accounting Service | IFRS GAAP | IAS 39 | Financial Instruments | Accounting Standards Board | IAS IFRS | IFRS Accounting | TEC | Technology Evaluation Centers | Epicor | Epicor TEC | Approach IFRS Transition Team | Step for IFRS Transition Process | Step for IFRS Transition Project | Experience with IFRS Transition Project | Experience of IFRS Transition Team | Efficiency of IFRS Transition Project | Efficiency of IFRS Transition Process | Efficiency of IFRS Transition Team | Forming IFRS Transition Read More...
Why Privately Held Manufacturers Should Implement IFRS-ready ERP Solutions
While regulatory requirements to adopt International Financial Reporting Standards (IFRS) may be a concern for publically traded companies only, there are

ifrs ias  relevant, fair value concept. IFRS compliance is easier if an enterprise application allows for user-defined base values for assets (top) and multiple depreciation methods. The ability to review asset data by account/project and life of cost and cash flow (below) is also helpful. Illustration provided by IFS North America . The revaluation method will require ongoing due diligence in the market to determine fair market value. It is important to determine what your enterprise system can do to help you Read More...
Meeting the Challenge: Planning for IFRS Conversion
Over 100 countries now require or permit International Financial Reporting Standards (IFRS) reporting. Companies preparing to make this challenging switch will

ifrs ias  financial services | gaap ifrs | gaap international | government accounting | guide through international financial reporting standards | history of international financial reporting standards | ias framework | ifrs | ifrs accounting | ifrs pdf | ifrs public sector | ifrs reporting | ifrs sme | ifrs standards | ifrs training | international accounting | international accounting standard | international accounting standards | international accounting standards board | international finance reporting Read More...
An IFRS Fable: The Company That Waited Too Long
Many US companies find themselves acting like “Wait-and-See, Inc.” They interpret the switch from US Generally Accepted Accounting Principles (GAAP) to IFRS as

ifrs ias  IFRS Fable: The Company That Waited Too Long Many US companies find themselves acting like “Wait-and-See, Inc.” They interpret the switch from US Generally Accepted Accounting Principles (GAAP) to IFRS as a matter of compliance rather than an opportunity to become more globally competitive by improving key internal processes. But transitioning to IFRS offers many benefits beyond compliance. Find out what those benefits are, and how your company can harness them. Read More...
The New and the Noteworthy: 2008 Vendor Wrap-up
2008 seemed to be the year for mergers and acquisitions (M@As) in the world of enterprise software—with companies like Oracle picking up Primavera Software’s

ifrs ias  International Financial Reporting Standards (IFRS), and Generally Accepted Accounting Principles (GAAP). Financial software should also allow for easy maintenance. FlexiFinancials meets this criterion, and at the same time gives me that warm-fuzzy feeling that it is topmost in its marketplace. Certifying this suite of products was a thrill, because all the things I wanted to see in a financial services package were demonstrated and built-in. FlexiFinancials is the financial service industries “kitchen Read More...
Industrial Application Software
Industrial Application Software (IAS) offers an enterprise resource planning (ERP) solution, as well as a service spectrum that includes product development

ifrs ias  Application Software Industrial Application Software (IAS) offers an enterprise resource planning (ERP) solution, as well as a service spectrum that includes product development, sales, support, and training. The company supports customers in matters of system-optimization and system-extension. IAS Unternehmensberatung GmbH was founded in 1989 in Karlsruhe, Germany, and become Industrial Application Software GmbH in December of 1998. Read More...
Contributing to the Rejuvenation of Legacy Systems in the Enterprise Resource Planning Field
With its focus on service-oriented architecture, SSA Global appears to be sticking to its pledge to protect the user's investment as much as it can, while still

ifrs ias  in the US, and IFRS and Basel 2 in Europe, the Middle East, and Africa (EMEA), are not issues looking for a technology solution. Compliance is achieved only through management best practices, and SSA Global recognizes that technologies such as corporate performance management (CPM) and workflow management can be used to facilitate the adoption of such practices. For these reasons, the availability of CPM and workflow integrations is standard within the SSA FM suite, whereas report and process templates Read More...
Sarbanes-Oxley Readiness with Microsoft Dynamics NAV
Organizations cannot achieve Sarbanes-Oxley compliance without the proper tools. But once these tools have been obtained, compliance becomes an opportunity for

ifrs ias  Oxley Readiness with Microsoft Dynamics NAV Sarbanes-Oxley Readiness with Microsoft Dynamics NAV If you receive errors when attempting to view this white paper, please install the latest version of Adobe Reader. From an accounting system standpoint, a key to compliance with Sarbanes-Oxley is the presence of an extensive audit trail, complete with drill-down and drill-around functionality. This is where Microsoft Dynamics NAV can help. Source: Microsoft Resources Related to Sarbanes-Oxley Readi Read More...
CANIAS ERP
The Collaborative Application Network Solutions (CANIAS) system by IAS is designed to supply the need for comprehensive and integrated software to gather

ifrs ias  ERP The Collaborative Application Network Solutions (CANIAS) system by IAS is designed to supply the need for comprehensive and integrated software to gather data and work processes for middle and large-scale institutions and companies. The solution supports requirements for supply chain management, production, sales, and purchasing. CANIAS is 100 percent Java-based, operating system (OS) and database independent, and supports multilingual functionality. Read More...
How to Lead Your Organization on the Best Path to Performance Improvement (Webcast Transcript)
Companies require an agile enterprise performance management (EPM) strategy to ensure they have information to support effective decisions. The more information

ifrs ias  it be GAAP or IFRS and so forth. But I think Kathleen was spoton with her answer. Joe Fleischer: Thank you, Vinay. Kathleen, here's another question which has to do, again, this comes from a very specific premise. The premise is, just to read the question, In terms of selfservice, can you really rely on systems alone to ensure consistency in the use and interpretation of data? Now my gloss on that question is it seems that the question is asking have we discussed Enterprise performance management only Read More...
Best-of-breed Approach to Finance and Accounting
CODA's savvy accounting and financial offerings include budgeting, forecasting, scorecards, and tools that use Microsoft Excel spreadsheets collaboratively and

ifrs ias  CODA Group,finance management,merger,acquisition,budgeting,scorecards,business intelligence,collaborative solutions,alliances,best-of-breed Read More...
Extensible Business Reporting Language (XBRL) Back in the News Again
Visiting the Securities and Exchange Commission's (SEC's) web site, I came across this 143-page PDF file, which deals with XBRL. As a gung-ho proponent of

ifrs ias  file with GAAP and IFRS, are using XBRL, and are on the very pro XBRL bandwagon. About the only criticism I have about Mr. Cox’s plan is the timeline. CFOs balked at the aggressiveness of the schedule that SEC proposed. SEC wants them to aim for concrete results for 2010. XBRL is the next big wave to the financial modules of ERP software packages. In subsequent blogs I will address this topic with gusto. Read More...
UNIT4 Continues Enhancing Its Business Intelligence Stack—Analyst Roadshow
It has been a very interesting year for UNIT4, and the recent Analyst Roadshow event continued in the same light. TEC’s own Jorge García was there to capture

ifrs ias  International Financial Reporting Standards (IFRS). This is by all means an interesting addition to UNIT4’s functional portfolio—i.e., it gives functional completeness to the vendor’s performance management offering and puts UNIT4 right in line with the big vendors with its enterprise software stack. The challenge for UNIT4 in North America, though, will be the vendor’s ability to convey its message and break some of the barriers in the large market already crowded with offerings from the big Read More...
Bean Counter to Business Leader: 5 Strategies for the CFO
The role of the chief financial officer (CFO) is evolving, but due to pressures to meet financial reporting requirements, there’s still a strong pull toward

ifrs ias  round the bend include IFRS and XBRL. IFRS Over 12,000 companies worldwide have already adopted the International Financial Reporting Standards (IFRS) , and U.S. public companies soon will be required to convert to IFRS, including converting two prior years of financials. The IFRS changeover will require a number of changes to financial reporting systems, including: New accounts Alternate or additional roll-ups New level of detail in certain areas Revised calculations Multi-GAAP reporting and Read More...

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