SAP FI & IFRS Reporting

I wish to have a clarification on the following:
How far the SAP FI takes care of the reporting requirements of IFRS ?
Moderator: The question is unclear. However, there is already information about IFRS on SDN forums/Wiki - you might find it useful

Hi Venkat,
I am aware about parallel ledgers. But parallel ledgers can be used only for postings IFRS related entries. This can also be done using parallel accounts. However, I am more interested in finding out how are the IFRS adjustments workings handled in SAP. How are other companies doing?
Regards
Mahendra

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    Mahendra

    Hi Venkat,
    I am aware about parallel ledgers. But parallel ledgers can be used only for postings IFRS related entries. This can also be done using parallel accounts. However, I am more interested in finding out how are the IFRS adjustments workings handled in SAP. How are other companies doing?
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    Mahendra

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