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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

revaluation  new concept within IFRS—the revaluation method. Revaluation is an approximation of what the fair value of that asset is at any point in time. IFRS requires that a fair value assessment be carried out regularly, and that the carrying value of the asset does not differ materially from its fair value at any point in time. In theory, though, we could have an asset that on a US-based GAAP basis would be carried at historical cost at whatever you bought it for depreciated for each year that you have owned it. Read More
PLM for the Fashion Industry
Product Lifecycle Management (PLM) for Fashion is an evaluation model containing tailored PLM criteria and extra functionalities that serve the specificities of this industry in order to help fa...
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Documents related to » revaluation


The Benefits of Next-generation ERP
Rapid changes in the market and in customer needs mean small to medium businesses (SMBs) must work harder to stay competitive. Setting and achieving goals in

revaluation  Define asset characteristics Apply revaluation depreciation Asset transfers between organizational units Specify shifts for assets Usage of yearly costing method Track usage transactions and requests   Cost Accounting   Activity based costing Cost accumulation in cost sources by defined parameters and conditions Cost distribution by specified distribution keys and conditions Distribute costs to activities and allocate them to services, equipments, and materials Cost distribution templates Cost Read More
Reference Guide to Discrete Manufacturing ERP Software Functions and Features
This reference guide provides insight into the discrete manufacturing ERP features and functions currently available on today’s market. It will help you

revaluation  asset depreciation; depreciation books; revaluation and interest calculation; and tax reporting. Cost Accounting Cost accounting analyzes corporate costs related to overhead, products, and manufacturing orders. It provides a variety of costing approaches such as standard, first-in-first-out   (FIFO), last-in-last-out (LIFO), average, target, and activity-based costing (ABC). The software should support the following functionality: cost data; cost allocation definitions; cost allocation process; cost Read More
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

revaluation  included under restricted circumstances Revaluation surpluses always treated as equity, and losses as expense Inventory and Stock (IAS 2) All inventory and stock to be valued at lowest of either cost or net realizable value, similar to U.S. GAAP lower of cost or market (LOCOM) , net of all costs to complete, transport, and sell: Last-in, first-out (LIFO) accounting prohibited First-in, first-out (FIFO) only in limited circumstances Costs are to include all costs of purchase, conversion, and Read More
iScala ERP Software
Epicor@s iScala enterprise resource planning (ERP) software enables businesses to automate and manage their standard business processes, and includes an e

revaluation  structure, currency and ledger revaluation, continuous and periodic consolidation, cash flow forecasting, automatic payments with payment ledger integration. Read More
Challenges of the Future: The Rebirth of Small Independent Retail in America
By any measure, retailers are overwhelming small businesses. More than 95 percent of all retailers have only one store. Almost 90 percent have sales less than $2.5 million (USD), and more than 98 percent have fewer than 100 employees. To compete, small businesses need to be innovative, and understand both personalization and value, and how to execute best practices to build success.

revaluation  retail chain,dynamics retail,entire retail landscape,existing retail types,key retail,leading retail,network retail,retail companies,retail consulting trade,retail decisions,retail distribution Read More

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