Transitioning to IFRS in SAP ERP Financials

Beschreibung

This book is the roadmap your conversion project team needs to prepare your SAP ERP Financials systems for conversion to IFRS. It includes detailed coverage of the transition process, an overview of the US GAAP/IFRS deltas and how they are mapped in ERP Financials, and real-world advice from an IFRS conversion project at a large petrochemical company. With this concise guide, you’ll give your finance professionals, executives, technical staff, project managers, and consultants a real jumpstart to IFRS projects in upgrade or non-upgrade scenarios.

The major highlights of the book include: a full chapter on the deltas between US GAAP and IFRS and how ERP Financials functionality maps to those deltas; an example-driven chapter on building a conversion project plan, including timelines, project phases, and upgrade paths; a chapter-length case study on an IFRS transition with SAP General Ledger Migration at a large petrochemical company. The book will also feature the type of expert content that only comes with real-world experience. For example, while the book will be strongly oriented toward transitioning to IFRS with the SAP General Ledger, the author will also include content for transitioning to IFRS using parallel accounts in the classic GL

Autor*in

Paul Theobald
Paul Theobald, CFO of CAPE Consulting, Inc. has worked with SAP since 1993. He has been a Financials consultant for 14 years. Paul specializes in Foreign Currency Valuation, the General and Special ledgers, local GAAP reporting, etc. He has worked in two major international SAP Financials projects and has been lead consultant in various projects, focused on GL, Accounts Receivable and Payable, and Banking, Fixed Assets and the Special Ledger. A qualified chartered accountant (should get from the UK, Paul has lived and worked in the US for 12 years making him uniquely qualified to understand the problems that arise in large, global implementations.

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