SEM-BCS and IFRS - Part I
Translation, storage, and processing of this text in an electronic system is FOR EDUCATIONAL PURPOSES ONLY and is not a copyrighted edition. Source: Item 1 pages 62 through 66 and SAP Note 1171344 greg misiorek in Beginner, Business Intelligence (BI), Business Process Expert, International Financial Reporting Standard (IFRS), Standards [Nov. 18, 2009 07:12 PM | 1 Comments | Permalink]

Which IFRS are needed for your SEM-BCS?
A look at which IFRS and IAS statements are most relevant to BCS. greg misiorek in Beyond SAP, BI Accelerator, Business Intelligence (BI), International Financial Reporting Standard (IFRS) [Nov. 01, 2009 12:41 PM | 2 Comments | Permalink]

Technology Implications of IFRS
This blog discusses details of a webinar I'm co-presenting on November 4th titled, IFRS Consolidations and Financial Reporting. Glen Feinberg in ERP, International Financial Reporting Standard (IFRS) [Oct. 27, 2009 01:25 PM | 0 Comments | Permalink]

Assessing IFRS Readiness
First webinar of a three-part IFRS webinar series on conducting an IFRS assessment. Nick Difazio in ERP, International Financial Reporting Standard (IFRS) [Oct. 15, 2009 01:05 PM | 0 Comments | Permalink]

Get Ready for IFRS with SAP and Deloitte
If you are planning for or involved in transitioning your financial reporting to support IFRS, you should attend SAP Ecohub and Deloitte IFRS webinar series. Siva Darivemula in Business Objects, Business Process Expert, Business Suite 7, EcoHub, Enterprise Performance Management, ERP, Governance, Risk and Compliance, International Financial Reporting Standard (IFRS), Webinars [Oct. 05, 2009 09:38 AM | 0 Comments | Permalink]

Parallel Accounting with SAP GL
Transition to IFRS requires parallel reporting. Attend the thrid webinar in the SAP Ecohub IFRS webinar series to learn about how SAP handles its dual reporting process along with other helpful information to help your own transition. Siva Darivemula in EcoHub, Enterprise Performance Management, ERP, Governance, Risk and Compliance, International Financial Reporting Standard (IFRS) [Sep. 03, 2009 11:52 AM | 0 Comments | Download Media | Permalink]

IFRS Financial Reporting with SAP
Reporting and Analytics conference in Las Vegas from October 28-30 should be on the radar for those interested in IFRS on SAP. Siva Darivemula in Business Intelligence (BI), Business Process Expert, Business Suite 7, EcoHub, Enterprise Performance Management, ERP, Governance, Risk and Compliance, International Financial Reporting Standard (IFRS), Professional Services [Sep. 02, 2009 03:59 AM | 1 Comments | Permalink]

So how does IFRS impact my technology?
Examination of how IFRS impacts your technology landscape Ian Wright Deloitte Prinicipal in International Financial Reporting Standard (IFRS) [Aug. 27, 2009 09:31 AM | 1 Comments | Permalink]

SAP World Tour 2009 is here
With engaging speakers like Al Gore, Condoleezza Rice and many topics of interest to the SAP Community, SAP World Tour 2009 events offer unique insights and peer networking benefits for SAP customers. Siva Darivemula in Enterprise Performance Management, EcoHub, Business Suite 7, Banking, ERP, International Financial Reporting Standard (IFRS), Manufacturing [Aug. 24, 2009 12:28 AM | 0 Comments | Permalink]

Introduction of IFRS at SAP
Find out how SAP implemented IFRS as well as US GAAP in all its operations world-wide? Christiane Ohlgart in Business Process Expert, International Financial Reporting Standard (IFRS), Business Suite 7, Webinars [Aug. 20, 2009 11:52 PM | 0 Comments | Permalink]

IFRS Adoption by Country
IFRS adoption by Country Siva Darivemula in Enterprise Performance Management, Governance, Risk and Compliance, International Financial Reporting Standard (IFRS) [Aug. 19, 2009 10:44 AM | 0 Comments | Permalink]

SAP’s Financial Reporting: A Voyage to IFRS
SAP’s Financial Reporting: A Voyage to IFRS: How SAP migrates its own financial reporting to IFRS Christoph Huetten in International Financial Reporting Standard (IFRS), Webinars, ERP, Business Suite 7 [Aug. 14, 2009 09:41 AM | 0 Comments | Permalink]

IFRS is Coming: Are you Ready?
IFRS is Coming: Are you Ready? To help our customers answer this question and others, SAP is sponsoring a four-part IFRS webinar series highlighting recommendations on using SAP solutions, tools, and strategies to enable the transition to IFRS. Pete Graham in Business Objects, Business Solutions, Business Suite 7, ERP, Webinars, Enterprise Performance Management, International Financial Reporting Standard (IFRS) [Aug. 04, 2009 02:04 PM | 6 Comments | Permalink]

SAP Webinar Series: Successful Transition to IFRS on SAP
Siva Darivemula in Business Intelligence (BI), Organizational Change Management, Master Data Management (MDM), International Financial Reporting Standard (IFRS), Governance, Risk and Compliance, ERP, Enterprise Portal (EP), Enterprise Performance Management, Crystal Reports, Business Suite 7, Business Solutions, Business Rules Management, Business Process Modeling, Business Process Management, Business Process Expert, Business Objects, Professional Services [Jul. 29, 2009 07:18 PM | 0 Comments | Permalink]

Share your best practices, tips, and ideas for implementing IFRS on SAP for a chance to present it during an SAP IFRS Webinar LIVE!
If you have an idea, best practice, or tips about implementing IFRS on SAP, we need them. One idea is chosen for a 5-min presentation during an SAP webinar on IFRS. Read below for instructions on how to submit. Siva Darivemula in Business Intelligence (BI), Professional Services, Organizational Change Management, Master Data Management (MDM), International Financial Reporting Standard (IFRS), Governance, Risk and Compliance, ERP, Enterprise Portal (EP), Enterprise Performance Management, Crystal Reports, Business Suite 7, Business Solutions, Business Rules Management, Business Process Modeling, Business Process Management, Business Process Expert, Business Objects, EcoHub [Jul. 29, 2009 07:17 PM | 0 Comments | Permalink]

SAP by the Numbers: U.S. GAAP and IFRS Financial Measures
Consolidated financial statements are complicated. This blog looks at U.S. GAAP and IFRS, explains why they are important and describes the SAP approach to producing financial reports using them. Sebastian Nikoloff in International Financial Reporting Standard (IFRS) [Jun. 26, 2009 12:39 PM | 1 Comments | Permalink]

Reduce Costs by Implementing Electronic Invoices with SAP
This article details the growing trend among large companies to implement both inbound and outbound electronic invoicing strategies. The ROI for these implementations is also covered. Kevin Benedict in Aerospace and Defense, Life Sciences, Manufacturing, Mining and Metal, Oil and Gas, Procurement and SRM, Retail, SAP NetWeaver Platform, SAP Process Integration (PI), Shared Service Center, Travel and Logistics Services, International Financial Reporting Standard (IFRS), Insurance, Automotive, Business Process Expert, Business Solutions, Business Suite 7, Chemicals, Consumer Products, Defense, ERP, Healthcare, Industrial Machinery and Components, Wholesale Distribution [Jun. 19, 2009 02:27 PM | 3 Comments | Permalink]

IFRS – A big impact for Retailers? – Part 3
This part shows the various inventory accounting methods supported by SAP and their relevance under IFRS. A case is made for item – location level accounting not just to support IFRS, but for competitive advantage for the business. Anil Das in Retail, International Financial Reporting Standard (IFRS), Governance, Risk and Compliance, ERP, Consumer Products, Business Process Expert [Jun. 10, 2009 05:25 AM | 0 Comments | Permalink]

IFRS – A big impact for Retailers? – Part 2
This is the second part on the series of blogs on the subject. It deals specifically with the impact on Retail businesses still on Retail Inventory Method (RIM)and provide a perspective on why Cost Method of Accounting is not just right for compliance, but also good for the business. I plan to cover the various inventory methods offered by SAP and how they address the specific needs of IFRS and go far beyond in making the retailers competitive in the marketplace. Anil Das in Business Process Expert, Consumer Products, ERP, International Financial Reporting Standard (IFRS), Retail, Wholesale Distribution, Governance, Risk and Compliance [Jun. 03, 2009 10:20 AM | 2 Comments | Permalink]

IFRS – A big impact for Retailers? – Part 1
The emergence of IFRS, a global accounting standard, and the proposed roadmap by SEC for its adoption in USA has lent a sense of urgency to understand the impacts within retail businesses. Retailers who use the traditional Retail Method of Accounting (RIM) for inventory valuation will be impacted. This impact will also be felt by those using the Extended Retail Method of Accounting (ERMA). Read how the SAP Retail solution offers the way out. This is the first part (of a multipart blog) that defines the issue. Anil Das in Business Process Expert, Consumer Products, ERP, Governance, Risk and Compliance, International Financial Reporting Standard (IFRS), Retail [May. 28, 2009 12:23 PM | 2 Comments | Permalink]

"Driven to Perform" Podcast from SAPPHIRE Orlando 2009 on SearchDataManagement.com: Are you ready for corporate performance management?
Stephanie Buscemi, co-author of "Driven to Perform: Risk-Aware Performance Management From Strategy Through Execution", did a podcast at SAPPHIRE 2009 discussing the key concepts of the book. This is a great way to get a quick overview of the key concepts of the book! Nenshad Bardoliwalla in Analytics, Sustainability, SAP NetWeaver Platform, Product Lifecycle Management, Procurement and SRM, Master Data Management (MDM), International Financial Reporting Standard (IFRS), Governance, Risk and Compliance, ERP, Enterprise Performance Management, CRM, Business Suite 7, Business Process Management, Business Process Expert, Business Objects, Business Intelligence (BI), BI Accelerator, SAP SAPPHIRE [May. 25, 2009 01:07 AM | 0 Comments | Download Media | Permalink]

MASTER project - Compliance Facilitator
SOA brings flexibility and agility to the business in order to address new market opportunities. In the cloudiness of those new business processes, entrepreneurs, in addition to prove their businesses are lucrative, will have to prove that their businesses are sustainable. MASTER will facilitate this demonstration. Emmanuel Pigout in Banking, Service-Oriented Architecture, Security, SAP Solution Manager, SAP Research, SAP NetWeaver Platform, Public Sector, International Financial Reporting Standard (IFRS), Identity Management, Healthcare, Governance, Risk and Compliance, Business Process Modeling, Business Process Management, Business Process Expert, Sustainability [May. 19, 2009 07:19 AM | 2 Comments | Permalink]

"Driven to Perform" Webcast: Managing Performance and Risk in a Down Economy – A Practical Approach to Optimizing Business Performance for Everyone
What differentiates you from your competitors? How can you improve performance in difficult times by finding and executing the most effective and efficient strategy, and then tuning it to achieve even better results? How can you achieve alignment across your organization and partner network? Don’t miss this important webcast, where you can get answers to all these questions. Come hear directly from the authors of Driven To Perform – Risk Aware Performance Management from Strategy to Execution as they describe how to strategize, plan, execute, monitor, analyze, and optimize performance, all within the context of the myriad risks and compliance requirements that companies face today. Nenshad Bardoliwalla in Analytics, Service-Oriented Architecture, Product Lifecycle Management, Procurement and SRM, Master Data Management (MDM), International Financial Reporting Standard (IFRS), Governance, Risk and Compliance, ERP, Enterprise Performance Management, Crystal Reports, CRM, Business Suite 7, Business Solutions, Business Process Management, Business Process Expert, Business Objects, Business Intelligence (BI), BI Accelerator, Sustainability [May. 08, 2009 09:14 PM | 0 Comments | Permalink]

So what can I do to get ready before I get run down by the IFRS bus?
What is it that executives should be thinking about doing to be ready for IFRS before you have to do it. Ian Wright Deloitte Prinicipal in International Financial Reporting Standard (IFRS) [May. 06, 2009 04:33 PM | 2 Comments | Permalink]

Announcing the Launch of Our New Book, "Driven to Perform: Risk-Aware Performance Management From Strategy Through Execution"!
Our new book, Driven to Perform: Risk-Aware Performance Management From Strategy Through Execution, shows how to achieve tangible business results through the modern practice of performance management. The book provides a comprehensive tour of the performance management methods and software applications that help companies master the complexity and chaos of the modern business world. No other book on performance management contains the overview of the process, technology, and people issues in the field (Parts I and II) along with hands-on recommendations for specific business areas such as Sales, Finance, IT, Supply Chain, Product Development, and more (Part III). Improving performance management is a necessity in order to propagate strategy, manage risk, design and optimize processes, compare potential scenarios, achieve compliance, and manage numerous partner relationships. This book is an essential guide to driving transformation to a high-performance, data-driven company. Nenshad Bardoliwalla in Analytics, Governance, Risk and Compliance, International Financial Reporting Standard (IFRS), Master Data Management (MDM), Procurement and SRM, Product Lifecycle Management, SAP NetWeaver Platform, SAP Process Integration (PI), SAP SAPPHIRE, Service-Oriented Architecture, ERP, Enterprise Performance Management, Crystal Reports, BI Accelerator, Business Intelligence (BI), Business Objects, Business Process Expert, Business Process Management, Business Rules Management, Business Solutions, Business Suite 7, CRM, Sustainability [May. 04, 2009 11:48 PM | 2 Comments | Permalink]

The Source: IFRS Financials in Transactional Systems
Common questions are being asked by executives about IFRS. The answers may be surprising! Ian Wright Deloitte Prinicipal in International Financial Reporting Standard (IFRS) [Apr. 23, 2009 06:51 AM | 0 Comments | Permalink]

Global Convergence through IFRS – Part V
As you would see, SAP has launched the new IFRS community in BPX to enable the extended ecosystem to collaborate on this specific topic. Continuing on the blog series, more comparisons between US GAAP and IFRS is provided in this blog. Muthukumar Ranganathan in Business Objects, Enterprise Performance Management, ERP, Governance, Risk and Compliance, International Financial Reporting Standard (IFRS) [Mar. 30, 2009 09:08 AM | 0 Comments | Permalink]

New General Ledger - Introduction
Today, in the current SAP R/3, we would handle General Ledger Accounting by using different SAP applications. Depending on specific industry requirements – internal as well as external, we have to implement other application components or functions, which reside outside the general Ledger, like special purpose ledger- to meet drawing financial statements based on other accounting principles like US GAAP, IFRS etc. and Profit Center accounting- to have profitability reports on some internal business units. Though these functions are still available in the current SAP R/3, as these are lying scattered, it involves numerous closing actives to get the desired result. Marssel Vilaça in Business Process Expert, Business Solutions, ERP, Integration and Certification, International Financial Reporting Standard (IFRS), SAP Developer Network [Mar. 23, 2009 10:20 PM | 0 Comments | Permalink]

IFRS Is Coming
IFRS is coming. Are you ready? Ian Wright Deloitte Prinicipal in International Financial Reporting Standard (IFRS) [Mar. 14, 2009 08:14 AM | 1 Comments | Permalink]

International Financial Reporting (IFRS) Community Overview
The SAP IFRS Community explained David Burdett in Business Suite 7, Enterprise Performance Management, ERP, Governance, Risk and Compliance, International Financial Reporting Standard (IFRS) [Mar. 14, 2009 08:13 AM | 0 Comments | Permalink]

Global Convergence with IFRS – Part IV
As we launch new the IFRS blog area, continuing this blog series on IFRS, wherein the focus is on comparing US GAAP with IFRS Muthukumar Ranganathan in Business Objects, Enterprise Performance Management, ERP, Governance, Risk and Compliance, International Financial Reporting Standard (IFRS) [Feb. 28, 2009 05:51 PM | 0 Comments | Permalink]

Global convergence through IFRS – Part III
Continuing on the topic of IFRS, we would discuss some deep dive on the standards of IFRS in this blog. Muthukumar Ranganathan in Analytics, Business Intelligence (BI), Business Objects, Enterprise Performance Management, ERP, International Financial Reporting Standard (IFRS) [Jan. 30, 2009 10:54 PM | 0 Comments | Permalink]

Global convergence through IFRS - Part II
As pointed out in the first blog, every country is mapping into a global standard for financial accounting and reporting, IFRS. We continue to discuss around this topic in this blog series, looking at various insights around IFRS and how the same would be enabled with SAP Muthukumar Ranganathan in Analytics, Business Intelligence (BI), Business Objects, Business Process Expert, Enterprise Performance Management, ERP, Governance, Risk and Compliance, International Financial Reporting Standard (IFRS) [Nov. 25, 2008 05:48 AM | 2 Comments | Permalink]

Global convergence through IFRS - Part I
The world is a global village. Though the roads across the world are still not standardized on a left hand drive or right hand drive, in many spheres advent of internet has resulted in people across the world thinking and standardizing on the same way. The millennium people (born in late 80s-90s till now) are exposed to everything happening around the globe instantaneously. In Business too people are looking at standard practices across the global village. One such initiative to bring the world together on common way of financial reporting and accountability across the globe is IFRS – International Financial Reporting Standard. In this blog series we discuss everything around IFRS including how SAP products enable faster adaption of IFRS. Muthukumar Ranganathan in Business Objects, Business Process Expert, Enterprise Performance Management, ERP, Governance, Risk and Compliance, International Financial Reporting Standard (IFRS) [Oct. 30, 2008 03:21 AM | 4 Comments | Permalink]

Upheaval in Accounting Standards: The SEC Announces Support for IFRS
The United States Securities and Exchange Commission (SEC) has voted to allow some very large companies to file their corporate reports using IFRS, and it aims to move all corporate filing over to IFRS between 2014 and 2016. David Frankel in Business Process Expert, ERP, Governance, Risk and Compliance, International Financial Reporting Standard (IFRS), Standards [Sep. 12, 2008 02:47 PM | 4 Comments | Permalink]