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For companies reporting under International Financial Reporting Standard (IFRS) and public companies reporting under U.S. GAAP with fiscal years ending December 31, the rubber is…
FIS Joins Forces with SAP to Implement IFRS 17 Globally
The new International Financial Reporting Standard 17 (IFRS 17) will significantly change the way insurance contracts are measured and reported on. Under IFRS 17, insurers…
SAP and Swiss Re Co-Innovate for Financial Reporting and Business Steering in Reinsurance and Insurance
WALLDORF — SAP SE (NYSE: SAP) today announced a strategic co-innovation initiative with Swiss Re, one of the world’s largest wholesale providers of reinsurance, insurance…
SAP Strengthens Tools for IFRS Compliance as Companies Face Adoption Deadlines
WALLDORF — SAP SE (NYSE: SAP) today announced the latest enhancements to its revenue accounting platform designed to help CFOs and chief accounting officers master…
Commerzbank Streamlines Financials and LoB Operations with SAP Solution
WALLDORF — SAP SE (NYSE: SAP) announced today that Commerzbank is now live with an integrated set of finance and risk solutions powered by the SAP…
New SAP Solution Helps Banking Institutions Meet Financial Reporting Requirements
WALLDORF — SAP AG today announced a new rapid-deployment solution that integrates reporting processes of International Financial Reporting Standards (IFRS) and Financial Reporting (FINREP) to…
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