Make Your Bad Debt Reporting Accurate and IFRS Compliant

Make Your Bad Debt Reporting Accurate and IFRS Compliant

Published: 12/April/2011

Reading time: 11 mins

When a financial statement (e.g., balance sheet) is being prepared according to International Financial Reporting Standards (IFRS), the outstanding receivables should be fair valued. This means that the reported amount should reflect the expected amount to be received. Learn about a functionality SAP developed that allows you to make a fair value adjustment in your...

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