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The U.S. Securities and Exchange Commission has mandated that by 2014, publicly listed companies in the U.S. will need to transition their financial reports to the International Financial Reporting Standard (IFRS) from the current U.S. Generally Accepted Accounting Principles (U.S. GAAP) standard. For many, this impending transition is an “accounting” issue. However, this transition will have a significant impact on all operational areas outside of the finance department for all publicly listed enterprises.

SAP is presenting a series of four one-hour Webinars designed to help you understand the SAP strategy and road map, planning, implementing, and reporting for IFRS compliance using SAP solutions. Gain strategic insights from experts you need to prepare for transition from U.S. GAAP to IFRS. From this series attendees will:

  • Gain knowledge and insights you need to prepare for IFRS transition within your own organization or at your customers
  • Understand the IT and business issues and implications when transitioning to IFRS
  • Learn the SAP product road map and solution functionality to support IFRS-to-U.S. GAAP transition implementations
  • Learn from expertise and best practices based on how SAP implemented the solution
  • Learn about key resources, tools, and community support available from SAP to help successful transition to IFRS reporting and get ahead to properly transition to IFRS

To learn more and register for this webinar series, please visit SAP Ecohub site. All webinars in this series are scheduled from 10 am PT or 1 pm ET and they are:

 

SAP Road Map for IFRS Compliance – August 13, 2009

Learn about the SAP product road map and how SAP solutions provide the functionality required for businesses to implement IFRS 

Pete Graham, VP, Solution Management, ERP Financials, SAP

James Fisher, Senior Director, Solution Marketing, Enterprise Performance Management, SAP 

 

SAP Migration from U.S. GAAP to IFRS – August 20, 2009

Learn about the transition of SAP financial reporting from U.S. GAAP to IFRS 

Dr. Christoph Hütten, Chief Accounting Officer, SAP AG 

 

Implementing IFRS at SAP – September 9, 2009

Learn how SAP planned the needed business and IT functionality and managed its own transition to IFRS reporting, including managing parallel ledgers (IFRS, U.S. GAAP, and local GAAP) from the project leader

Christiane Ohlgart, Head, Subsidiary Accounting, Corporate Financial Reporting, SAP AG 

 

Optimizing the Financial Closing Process for IFRS – September 16, 2009

Understand best practices in IFRS adoption, learn how the SAP ERP application, including SAP Financial Closing cockpit and the SAP Central Process Scheduling application by Redwood will improve your financial close performance while adhering to IFRS dual-reporting standards  

Pete Graham, VP, Solution Management, ERP Financials, SAP

Peter Minck, VP, Redwood Software

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