Preparatory Settings for IFRS Compliance in SAP Capital Asset Management

Adjustments must be made to SAP’s Asset Accounting (FI-AA) component to make it compliant with International Financial Reporting Standards (IFRS). Learn what preparatory settings are required in an SAP system to facilitate these adjustments and how to use parallel reporting to ensure IFRS compliance. Key Concept International Financial Reporting Standards (IFRS) are globally accepted accounting...