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General Ledger - EBS (MOSC)

IFRS or GAAP complaince

Apr 25, 2012 12:42AM edited Apr 27, 2012 11:40AM in General Ledger - EBS (MOSC) 1 commentAnswered

What does it mean that, if some one says.... "MY Ledger is IFRS complaint" or "GAAP Compliant"

I know what is IFRS and GAAP, but is there any extra setups to be performed to make Ledger(accounting) to be called as "IFRS or GAAP complaint"

If some one can give coiuple of examples to understand it better... it would be so greatful.

Thanks and Regards

G2

1

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