Page History

...

Highlights:

- - Covers the journalisation process for financials of financial instrument in the banking book and trading book as well as non-financialsfinancial instruments
  - Integrated accounting rules engine (ARE)
  - Multi-GAAP, multi-entity, multi-currency
  - Parallel accounting, adjustment accounting supported
  - Optional full-size general ledger or shadow ledger
  - Export of D/C entries or accounting events to any third-party general ledger
  - Equipped for IFRS 9: template with IFRS 9 compliant accounting logic and chart of accounts. Using experience gained in over 10 years in financial accounting for IAS 39 and in current IFRS 9 projects with different auditors, FERNBACH has developed an accounting logic that covers all business events for the entire portfolio of an entity. The accounting logic and a standard chart of accounts, which can be customised by a simple mapping process during a project, are part of each delivery.
  - Templates for various GAAPs with pre-defined accounting rules and chart of accounts

...

The blueprint Financial Accounting considers requirements related to financial for financial accounting, taking GAAP-specific requirements into account.

...

For details on how to access the Balance Sheet and Income Statement in a specific GAAP, how to maintain the accounting logic and how to analyse financial accounting by drilldown and breakdown at individual transaction level, please read more in the manual: Swim Lane Financial Accounting.

The blueprint Financial Accounting supports

...

Scroll ImageMap

viewSize	1000.0
imgWidth	1277.0
areasData	{"areas":[{"shapeType":"rect","coords":"770,168,156,346","title":"Accounting Rules Engine (ARE)","pageRefIndex":0,"linkTarget":"_blankself"},{"shapeType":"rect","coords":"743,68,203,50","title":"Multi GAAP","pageRefIndex":1,"linkTarget":"_blankself"},{"shapeType":"rect","coords":"12,17,275,281","title":"Core Valuation","pageRefIndex":2,"linkTarget":"_blankself"},{"shapeType":"rect","coords":"1034,179,225,320","title":"Data Marts Financial Accounting","pageRefIndex":3,"linkTarget":"_blankself"},{"shapeType":"rect","coords":"20,527,262,65","title":"Risk Provision","pageRefIndex":4,"linkTarget":"_blankself"}]}
imgRelative	Blueprint Financial Accounting_EN.png
pageReferences	Accounting Rules Engine (ARE)-!!!!!-Multi-GAAP-!!!!!-Core Valuation-!!!!!-Data Marts, Analysis and Reports for Financial Accounting-!!!!!-Risk ProvisionWorkbenches for risk provisioning
imgHeight	613.0
alwaysHighlight	false
dataModelVersion	3

...

Classification and Valuation, covering the calculation of GAAP-specific values for initial and subsequent measurement, refer to process chain for initial and subsequent measurement
Hedge Accounting
Risk Provision, including segmentation of financial assets with similar credit risk characteristics, stage assignment, calculation of GAAP-specific credit losses, refer to Risk Provision Workbenches for risk provisioning.
Analysing and presentation of results, refer to Data Marts, Analysis and Reports for Financial Accounting.

Page tree

Versions Compared

Old Version 11

New Version Current

Key