The International Financial Reporting Standards (IFRS) set out requirements regarding the classification and measurement of financial instruments.
FlexFinance covers the entire set of IFRSs with the main focus on financial instruments.
It supports the process chain end-to-end and starts with raw contractual deal information that provides
- Financial statements and notes
- Financial Accounting
For IFRS 9, the solution covers:
- Categorisation of financial assets and liabilities → IFRS 9 Categorisation Blueprint
- Initial and subsequent measurement → IFRS 9 Valuation Blueprint
- Impairment and Risk Provisioning → IFRS 9 Impairment Blueprint