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What Are International Financial Reporting Standards (IFRS)?

International Financial Reporting Standards (IFRS) are a set of accounting rules for the financial statements of public companies that are intended to make them consistent, transparent, and easily comparable around the world. IFRS currently has complete profiles for 166 jurisdictions. including those in the European Union.1 The United States uses a different system, the Generally Accepted Accounting Principles (GAAP).

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What is ERP?

See the industry-leading enterprise resource planning (ERP) cloud solution, serving as your integrated management of business processes and applications, to gain resilience and real-time agility, to position yourself for growth. Definition of enterprise resource planning (ERP) Enterprise resource planning (ERP) refers to a type of software that organizations use to manage day-to-day business activities such as accounting, procurement, project

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