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Sep 20, 2010 at 03:22 PM

Inspiration needed on IFRS change to US GAAP


Dear gurus

I a need a little inspiration on this scenario:

A company that is using IFRS has been acquired by another company that is reporting according to US GAAP!

How do I change the accounting principles (change posting principles in G/L) from IFRS to US GAAP without resetting FI-AA? Incl. an update of u201Cfairu201D APC values?

Any help would be appreciated << Please do not offer points >>

Edited by: Rob Burbank on Sep 21, 2010 2:39 PM