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Former Member
Jun 15, 2011 at 01:27 PM

Financial statements to comply with IFRS and US GAAP.

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Hi everyone,

We need to start reporting our external financial statements to comply with IFRS and US GAAP.

There are some primary differences in the 2 accounting principles relates to PPE (Fixed Assets/Capital Expenditure) and therefore multiple/different valuations of the assets, they need to be provided for.

Do you know how we can comply with both the IFRS and US GAAP reporting requirements in general using the tools in SAP ?

Thanks in advance and best regards.

Dago