Adaptation of ERP systems to IAS/IFRS

• Authors: Lenart A.
• Languages of publication: PL

Abstracts

EN

The globalization changed the approach to the accounting and the finance as well as brought about the changes in the recipients' needs for the information about the financial reports. The ERP systems guarantee the reliability and the comparability of the financial reports in the international range. Since May, 2005 the law of the European Union oblige the stock exchange companies to record the economic events according to International Accounting Standards and apply International Financial Reporting Standards in consolidated financial reports. In the article the adaptation of the ERP system to international standards was presented on the example of the system SAP ERP. There were also described influence of the globalization on the accounting and the financial reporting and the essence of MSR and MSSF. Moreover there were briefly characterised ERP systems and financial reports as the product of the accounting system.

Keywords

EN

ACCOUNTING & FINANCIAL REPORTING; ERP SYSTEM; SAP ERP SYSTEM

Discipline

• ECONOMICS: ECONOMICS

• Publisher: Spółdzielczy Instytut Naukowy G. Bierecki sp.j.
• Journal: Pieniądze i Więź
• Year: 2008
• Volume: 11
• Issue: 3(40)
• Pages: 103-112
• Document type: ARTICLE

Contributors

author

Lenart A.

• A. Lenart, Uniwersytet Gdanski, Wydzial Zarzadzania, ul. Armii Krajowej 101, 81-824 Sopot, Poland

Identifiers

CEJSH db identifier

08PLAAAA05347