Parallel Accounting is a Key Tool for Global Companies with Multiple Reporting Requirements
Bramasol
JUNE 10, 2022
One important side effect of the ongoing trend toward globalization is the need to comply with a range of different accounting principles as well as with disparate reporting and compliance mandates. Parallel Ledgers - in which multiple ledgers are used, with an accounting principle applied to each ledger. Asset Accounting (FI-AA).
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