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IFRS accounting with IBS financial software

IFRS compliance enables clearer visibility and reporting of financials and performance indicators, especially in regards to shareholders, analysts and investors; reduced accounting and reconciliation costs; and improved ability to attract international capital investment.

IFRS (International Financial Reporting Standards) accounting principles are mandatory at the start of 2005 for many publicly listed companies in Europe and for governmental agencies in Australia. IFRS reporting has the most impact on corporate or group accounting in the areas of financial instruments (such as annual reports), fixed assets, intangibles and applicable tax accounting.

With IBS financial software, your company is already prepared to meet IFRS requirements, as well as national statutory or GAAP provisions. The IBS Enterprise financial management solution is developed in association with financial specialists and fully supports IFRS-compliant accounting and consolidated financial reporting.

Count on IFRS compliance with IBS financial software

IBS enables you to meet IFRS requirements with automated routines that are designed specifically for IFRS compliance. You can count on IBS to make your financial statements accurate, timely and transparent.

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