GAAP, Numbers, SAP and Treasury - Corporate Finance Brief

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MedTech Bundling Requires Both DSE and Lessor Accounting Solutions

Bramasol

JULY 31, 2023

For leasing, this means International Accounting Standards Board’s (IASB’s) IFRS 16 and US GAAP Financial Accounting Standards Board’s (FASB’s) ASC 842. As key elements of the overall SAP ecosystem, all these solutions provide integration capabilities of varying degrees with current SAP ECC and forward-looking SAP S/4HANA environments.

Accounting

Accounting SAP GAAP IFRS

Parallel Accounting is a Key Tool for Global Companies with Multiple Reporting Requirements

Bramasol

JUNE 10, 2022

For example, a company with branches doing business in the United States and the European Union will need to comply with both GAAP and IFRS accounting principles. The account-based approach uses account logic identifiers to assign accounting principles, such as using unique prefixes to determine which accounts use IFRS vs GAAP principles.

Accounting Principles

Accounting Principles IFRS SAP Accounting

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MedTech Bundling Requires Both DSE and Lessor Accounting Solutions

Parallel Accounting is a Key Tool for Global Companies with Multiple Reporting Requirements

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