1. Abstract ESMA (European Securities and Markets Authority) is the EU’s financial markets regulator and supervisor. ESMA has developed the regulatory technical standards (RTS) which specify the European Single Electronic Format (ESEF) that is the reporting format in which issuers, whose securities are admitted to trading…
1. Abstract The equity method is a crucial accounting approach used to reflect investments in associated entities accurately. This abstract provides a comprehensive overview of the equity method, elucidating its fundamental principles, application, and implications for financial reporting while focusing on its…
1. Abstract Differentiating period types and aligning them with the fiscal calendar, as well as recognizing variations in closing procedures, significantly influence reporting requirements. Familiarity with period types within GCR enhances your ability to optimize its utilization. Grasping its functionalities and…
1. Abstract Migrate from BFC to GCR is an important process that does not consist only in migrate cubes or procedure from one Datamodel to another, but several other activities. The main phases of the migration process are the following: Be Aware of all the main changes in the Data model between BFC and GCR. Identify all…
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