Skip to Content

Parallel accounting Vs country specific CAO

Dec 13, 2016 at 12:59 PM


avatar image
Former Member

Hello All,

I am bit confused here between parallel accounting and country specific chart of accounts.

If we are using operational CAO with optional Country specific CAO to cover local GAAP reporting then why do we need Parallel accounting?

explanation will be highly appreciated.

10 |10000 characters needed characters left characters exceeded
* Please Login or Register to Answer, Follow or Comment.

0 Answers