1C-Rarus: IFRS

Program and methodical complex "1C-Rarus: IFRS" is created on the 1C:Enterprise 8 platform. The product can be useful to the companies which need to make independently the reporting under IFRS or other standards allowing to provide excellent from regulated the management reporting. Also the product can be applied by auditing and consulting companies when rendering the services.

"1C-Rarus: IFRS" is intended for the companies which have a need to interpret accounting data according to other standards – MSFO, GAAP or own standards of management accounting.

Program part of a complex (configuration) "1C-Rarus: IFRS" automates processes of transformation of the given RAS, introduction of adjustments, parallel accounting of specific sites and a reporting preparation according to the selected standards.

Methodical part is provided by an educational and methodical case according to IFRS. The case is developed on a demo base of the Enterprise Accounting, Edition 2.0 configuration and contains account policy, the chart of accounts, rules of broadcasting, rules of introduction of adjustments and a set of the reporting under IFRS. Relevant report forms (from IFRS Taxonomy 2010) are used (IASB) recommended by Council for International Financial Reporting Standards.

Program and methodical complex "1C-Rarus: IFRS" can be used for automation in the companies with foreign participation, the public companies (which shares are placed on the exchanges) and also in the companies which need to make the management reporting according to the standards other than the Russian accounting or tax accounting.

Key features:

• Modularity of the solution
• Ready technique for obtaining the reporting of IFRS
• Flexible configuration of broadcasting from primary chart of accounts
• Parallel accounting
• Universal designer of reports