Oracle OpenWorld IFRS Sessions
By Tony Ouk on Sep 21, 2009
This year, the Oracle OpenWorld Financial Management track will have four sessions on IFRS.
Monday, October 12, 2009 at 1:00 PM - 2:00 PM
Managing the Transition to IFRS with JD Edwards EnterpriseOne and JD Edwards World
Canada is moving to International Financial Reporting Standards (IFRS) in 2011, with the United States close behind. This session delves into what this means for you and your company and describes how Oracle's JD Edwards EnterpriseOne and JD Edwards World can help you through the transition.
Tuesday, October 13, 2009 at 1:00 PM - 2:00 PM
Managing the Conversion to IFRS: A Multi-Industry Perspective
As U.S. companies await definitive direction from the Securities and Exchange Commission (SEC) regarding a potential International Financial Reporting Standards (IFRS) policy, controllers, CFOs, CIOs, and others seek to understand and prepare for the potential effects of the conversion from U.S. GAAP to IFRS on their organizations. KPMG and Oracle present a multi-industry perspective on some of the accounting topics relevant to the IFRS conversion and the potential impact of IFRS on accounting and reporting, systems, processes, and people. Topics covered in this presentation include parallel/multi-GAAP reporting; revenue recognition; inventory; property, plant, and equipment (fixed assets); and intangible assets (R&D).
Tuesday, October 13, 2009 at 5:30 PM - 6:30 PM
Get Ready for IFRS: PeopleSoft Financial Management Supports You
As the U.S. moves toward the adoption of International Financial Reporting Standards (IFRS), leading organizations are already planning for the transition. In this session, learn how Oracle's PeopleSoft financial management solutions can be leveraged to manage global operations and support dual-basis accounting. Oracle and Accenture will discuss specific features available in PeopleSoft Financials that can be leveraged to address IFRS requirements. Also, hear about how a customer is preparing for the conversion to IFRS within PeopleSoft financial management, and how this transition approach was incorporated into a broader finance transformation initiative.
Wednesday, October 14, 2009 at 5:00 PM - 6:00 PM
Features in Oracle E-Business Suite for International Financial Reporting Standards
As organizations begin to evaluate the impact of International Financial Reporting Standards (IFRS) on their accounting practices, Oracle E-Business Suite customers will find familiar features that support IFRS as well as features developed specifically for it. With proper planning in concert with their accounting compliance advisor, customers can identify and exploit the features available in Oracle E-Business Suite for aiding the transition to IFRS. Come to this session to hear about specific features that support IFRS.
For more information about these as well as other Oracle OpenWorld Sessions, visit the Oracle OpenWorld website.