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The International IFRS Academy is a series оf programs to help banks and financial institutions adapt the role of their financial functions. 
 
Worldwide, banks and financial institutions are required to prepare their financial statements in accordance with the International Financial Reporting Standards (IFRS). The (sometimes rapid) adoption of IFRS has created the demand for comprehensive, expert and, above all, practical advice.
  
It is crucial that specialists within Finance and Accounting are totally familiar with IFRS and its implementation.  Therefore, FinArch is making its considerable in-house expertise and experience available to financial institutions as they work towards this goal.

The IFRS Academy consists of a series of intensive workshops  providing the participants with a deeper insight into the complexities of IFRS theory. They will better understand the principles and measures of IFRS accounting and the differences from key national GAAP standards. Members of the Academy have access to the online discussion forum and the IFRS Knowledge Base.

 Announcements
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Wolters Kluwer Financial Services Named the Leading Provider in IFRS Technology Solutions by Chartis ResearchUse SHIFT+ENTER to open the menu (new window).
Wolters Kluwer Financial Services’ FinArch Provides Practical Guidance on IFRS Implementation to Financial Institutions, Exclusively to Sri Lankan ICASL MembersUse SHIFT+ENTER to open the menu (new window).
FinArch is one of the fastest growing companies in BelgiumUse SHIFT+ENTER to open the menu (new window).
FinArch celebrates 15 years of innovation in integrated finance, risk and performanceUse SHIFT+ENTER to open the menu (new window).
PT. Bank QNB Kesawan adopts FinArch’s IFRS Accounting Engine and its General Ledger, and Anabatic’s Central Bank Reporting systemUse SHIFT+ENTER to open the menu (new window).
FinArch Announces Excellent Performance Test Results of Financial Studio for IFRS on Intel® Xeon® processor E5 family-based platformUse SHIFT+ENTER to open the menu (new window).
Indonesian Banking Industry gathers at Finance and Risk SummitUse SHIFT+ENTER to open the menu (new window).
FinArch expands market share in Nigeria: Sterling Bank implements Financial Studio Sub Ledger and IFRSUse SHIFT+ENTER to open the menu (new window).
Financial Studio Basel III helps financial institutions meet Basel III requirements and their business objectivesUse SHIFT+ENTER to open the menu (new window).
Major Energy Trading company selects FinArch’s Sub Ledger solutionUse SHIFT+ENTER to open the menu (new window).
IDEALINVENT and FinArch to Partner for Sales and DeliveryUse SHIFT+ENTER to open the menu (new window).
Krung Thai Bank implements Financial Studio IAS/IFRSUse SHIFT+ENTER to open the menu (new window).
EFG Financial Products selects Financial Studio Trading Sub Ledger for IFRS, Swiss GAAP and FINMA ComplianceUse SHIFT+ENTER to open the menu (new window).
Save the Date for FACtS 2012: 13 - 14 March 2012Use SHIFT+ENTER to open the menu (new window).
FinArch signs Aldermore Bank Use SHIFT+ENTER to open the menu (new window).
First Bank Plc selects IFRS Packaged Solution from FinArchUse SHIFT+ENTER to open the menu (new window).
FinArch supports Financial Institutions to address the regulators’ concerns in Product ControlUse SHIFT+ENTER to open the menu (new window).
Webinar Trading Ledger: Optimise P&L Processes - October 11 2011Use SHIFT+ENTER to open the menu (new window).
IFRS Academy in Sri LankaUse SHIFT+ENTER to open the menu (new window).
FinArch continues worldwide expansion with the opening of a new office in ThailandUse SHIFT+ENTER to open the menu (new window).
FinArch announces new version of Financial Studio Use SHIFT+ENTER to open the menu (new window).
FinArch closes 2010 with strong growth and continues to gain momentum in 2011Use SHIFT+ENTER to open the menu (new window).
Bank of China adopts Financial StudioUse SHIFT+ENTER to open the menu (new window).
One of the world’s largest banks goes global with FinArch for Liquidity Risk SolutionsUse SHIFT+ENTER to open the menu (new window).
Major global banking group implements Financial Studio Accounting worldwideUse SHIFT+ENTER to open the menu (new window).
FinArch @ ICT Solutions for Banking and Financial ServicesUse SHIFT+ENTER to open the menu (new window).
Two Major North American global banking groups implement FinArch’s Liquidity Risk Calculation and Reporting solutionUse SHIFT+ENTER to open the menu (new window).
Major Global Banking Corporation implements Financial Studio Liquidity Risk Calculation and Reporting Framework from FinArchUse SHIFT+ENTER to open the menu (new window).
FinArch on risk management in DubaiUse SHIFT+ENTER to open the menu (new window).
HSBC goes live with Liquidity Risk Calculation and Reporting solution from FinArchUse SHIFT+ENTER to open the menu (new window).
FinArch wins prestigious award “Lion of the Export”Use SHIFT+ENTER to open the menu (new window).
FinArch receives two nominations for its outstanding business performanceUse SHIFT+ENTER to open the menu (new window).
FinArch talks about IFRS and Basel II at Banktech 2010Use SHIFT+ENTER to open the menu (new window).
FinArch at Apconex, IndonesiaUse SHIFT+ENTER to open the menu (new window).
E-FACtS 2010Use SHIFT+ENTER to open the menu (new window).
FinArch presents outstanding results and sees continued success for 2010Use SHIFT+ENTER to open the menu (new window).
FinArch's IAS/IFRS accounting templates validated and approved by Ernst & YoungUse SHIFT+ENTER to open the menu (new window).
FinArch launches Competence Center for Integrated Finance and Risk ManagementUse SHIFT+ENTER to open the menu (new window).
FREE Webinar: IFRS for Financial Institutions - FinArch's seven-steps to compliance using Microsoft capabilities Use SHIFT+ENTER to open the menu (new window).
FinArch opens up Indonesian market for IFRSUse SHIFT+ENTER to open the menu (new window).
FinArch and Microsoft Unveil the First Finance Resource Planning Solution for the Financial Industry in JapanUse SHIFT+ENTER to open the menu (new window).
Isracard successfully implements FinArch’s Financial Studio for Basel IIUse SHIFT+ENTER to open the menu (new window).
Major US Bank implements Financial Studio Compliance from FinArchUse SHIFT+ENTER to open the menu (new window).
Yip In Tsoi Launch Strategic Move by Entering into Partnership with FinArchUse SHIFT+ENTER to open the menu (new window).
Large turnout at IFRS Academy in ThailandUse SHIFT+ENTER to open the menu (new window).
IFRS Seminar in ThailandUse SHIFT+ENTER to open the menu (new window).
Bank Simpanan Nasional (BSN) selects Financial Studio from FinArch for FRS139Use SHIFT+ENTER to open the menu (new window).
FinArch at APCONEX in JakartaUse SHIFT+ENTER to open the menu (new window).
FinArch discusses the role of Liquidity Risk at the Risk Management and Compliance Forum in GreeceUse SHIFT+ENTER to open the menu (new window).
Guido Ravoet joins panel at IFRS Roundtable in Kuala LumpurUse SHIFT+ENTER to open the menu (new window).
Deloitte moderates upcoming IFRS Roundtable in BangkokUse SHIFT+ENTER to open the menu (new window).
FinArch to assist APAC banks in IFRS readinessUse SHIFT+ENTER to open the menu (new window).

 Request more information
Request more information about FinArch's IFRS solution, services, training, or other solutions (e.g. liquidity risk, Basel II/III, ALM, regulatory reporting, MIS etc.) via the online request form, or send an email to info@finarch.com.

 For participants
Please log in on top of the page, to access the IFRS Knowledge Base and Discussion Forum. For any issues, please send an email to karien.pype@finarch.com
  		 

 Comment Piece: From weak IFRS implementation to public sanction: A Real Case

 View Finextra's video on IFRS, its challenges and how technology can help
Chartis Research’s report, “IFRS Technology Solutions for Financial Institutions 2012,” was highlighted in a panel discussion hosted by Finextra (see video). The interview offers insight from Peyman Mestchian, managing partner of Chartis Research; Brian Longe, CEO of Wolters Kluwer Financial Services; Chris Puype, managing director – APAC, Wolters Kluwer Financial Services; and Dirk De Beule, senior advisor for Wolters Kluwer Financial Services, about the challenges financial institutions are facing as they adopt IFRS and how Wolters Kluwer Financial Services' technology can help.
 
View the panel discussion here.
 

 View the webinar recording: "IFRS9 impairment in a broader perspective. Practical guidance for Asian financial institutions."
View the recording of the webinar: IFRS9 impairment in a broader perspective. Practical guidance for Asian financial institutions."
 
 
Why would you watch the recording of our webinar?
- Gain insight in the CRDIV/Basel III impacted areas and see a demonstration of FinArch's solution, Financial Studio;
- Learn how Financial Studio can facilitate the CRDIV/Basel III decision making of the banks and contribute to their healthiness;
- Learn how Financial Studio CRDIV/COREP can be embedded in any existing architecture
 
 
View the recording now.Click here.

 Find out why Wolters Kluwer Financial Services is the leading vendor in IFRS

Chartis Research selects Wolters Kluwer Financial Services as the leading vendor of IFRS software

According to Chartis Research's Report "Chartis Research IFRS Technology Solutions for Financial Institutions 2012", with Financial Studio, Wolters Kluwer Financial Services is leading vendor in IFRS.

Download here the report.

 Move in just Seven Steps to Sound IFRS

Learn more about the seven steps towards sound IFRS reporting.

Download also the presentation 'IFRS for Financial Institutions - FinArch's seven-steps to compliance using Microsoft capabilities'.

 Select an accredited IFRS solution
Ernst & Young validated the compliance of a number of the FinArch accounting templates using the ISAE 3000 audit standard and verified the compliance of the accounting entries with current applicable International financial reporting standards, ie IAS 39. Read also the press release.

Together with the growing number of IAS/IFRS customers, this further consolidates FinArch's position as the leading IAS/IFRS software vendor worldwide.

Many countries across the globe are getting ready to adopt accounting practices in accordance with International Financial Reporting Standards (IFRS). 
 
 

 Contact our IFRS experts
Are you struggling to come to grips with IFRS? Have you already quantified the changes which will be required? Have you already established a timetable for the transition process? Or, are you unsatisfied with your IFRS Accounting Solution?
 
Drop us an email (info@finarch.com). Our IFRS experts will help you.

 Visit also our Liquidity Risk Resource Center

Learn about FinArch's seven steps towards a sound liquidity risk framework. Contact us for our demo, white paper, or view our Webinars: