IFRS 17 is just around the corner. 4 things you should know to be ready.
Change is coming to how you must report your balance sheets. Axway Financial Accounting Hub and Lendys are here to help.
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IFRS 17 is coming. Will you be ready? Learn what you need to know.
Thank you!
Starting January 1, 2023, the IFRS 17 standard will require pro forma accounts for the previous year, which may add complexity in how you will present accounts for the IFRS 17 balance sheet.
Axway and Lendy's have partnered to help you meet the four challenges to balance sheet account presentation, including:
- Determining whether the third-party account is LIC or LRC
- Setting up a deduction rule
- Having a dynamic and configurable mapping tool
- Leveraging tools and transcodification
Be ready for IFRS 17. Download this informative flyer, then let's talk.