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FIN (Finance)

How SAP Business Planning and Consolidation, Starter Kit on SAP NetWeaver, Powered by SAP HANA, Meets IFRS

This document describes how SAP Business Planning and Consolidation, starter kit for IFRS on SAP NetWeaver powered by SAP HANA has been configured to meet IFRS. A first section lists all standards in issue, shows whether each of them is covered or not in the starter kit and explains for those that are not covered the reasons that motivate this situation. Then, for each standard sorted in alphabetical order from IAS 1 to IFRS 11, a reminder of the main requirements is presented and followed by the practical consequences in the starter kit. The starter kit for IFRS is a complete configuration designed to perform, validate and publish a statutory consolidation in accordance with IFRS.

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