Oracle Financials Strategy

IFRS Bandwagon heading for US? Are you ready to board?

By vini.sondhi on February 11, 2008 8:22 AM

I was pleasantly surprised to see that SEC had a roundtable discussion on December 13th debating whether the domestic issuers in US should also be permitted to use IFRS in lieu of US GAAP � The SEC recently approved rule...

Comments (2)

Do you suffer from IAD (Incorrect Accounting Disorder)?

By joe.gum on February 8, 2008 9:07 AM

I chuckled the first time a customer asked me, "Do I have to take SLA?" because it seemed like she was equating Subledger Accounting (SLA) with bad-tasting medicine. In fact, we like to think of SLA more as a new...

Comments (0)

BSVs Simplified

By joe.gum on January 22, 2008 2:34 PM

We get asked frequently about balancing segment values (BSVs), and we have definitely seen some cases of BSVs being...well...misused.In short, the intention of balancing segments were to identify an entity that should produce a balance sheet or statement of financial...

Comments (3)

GL, SLA, SOB, COA, BSV, CCID, LE - What's in an acronym?

By joe.gum on January 14, 2008 11:17 AM

I'm sure that nearly every company has as many internal acronyms as Oracle, but it is sometimes problematic for us because we often assume that our customers operate with the same understanding of acronyms and terminology that we do.  Even...

Comments (4)