Parallel Valuation and Financial Reporting: Local Law – IAS (IFRS) / US-GAAP

Goals

• Learn the basic methods for mapping parallel valuation in SAP systems (using the classic general ledger)
• Gain a deeper insight into the topic using examples and demos in SAP systems

Audience

• Project team members involved in converting to IAS (IFRS) and US GAAP
• SAP Customers who want to create parallel valuations with the old general ledger (as opposed to the new general ledger)

Prerequisites

• Excellent knowledge of parallel valuation

• AC205 Individual Account Closing
• WDEBF3 or equivalent experience in international accounting regulations

Course based on software release

• ERP ECC 5.0

Content

• International accounting: Current and future trends
• Learn the fundamentals for mapping parallel valuation in SAP systems (using the classic general ledger)
• Methods of mapping parallel accounting in SAP systems for fixed assets , current assets, own capital and outside capital, and profit and loss statements with a focus on Account Solution
• Mapping of the reporting requirements that result from parallel valuation

Notes

• course length: 12 hours
• Please note that classroom training AC206 is available as an alternative to this e-learning course.
• This course provides a detailed description of how parallel accounting can be implemented in SAP systems. This course provides a brief look at the new general ledger. This topic is covered in more detail in the course AC210.
• Participants should have a good knowledge of the SAP financials application mySAP ERP Financials and how it is configured. Equivalent knowledge of logistics would be helpful, but is not mandatory.
• The content of this course is appropriate for participants on the following SAP software releases: R/3 4.6, R/3 Enterprise Ext. 1.10/

Popular tags

No tags submitted for this course yet