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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.

 Launch Competence Center
FinArch is proud to announce the launch of the FinArch Competence Center. 
 
The Center was opened officially in cooperation with Anabatic Technologies, The Belgian Embassy and Flanders Investment and Trade in Jakarta, Dec 10 2009.
 
This event was also being held to celebrate the one year success of FinArch’s IFRS Academy. FinArch and Anabatic Technologies kicked off the FinArch IFRS Academy in March 2009, in Indonesia. Since then the Academy has successfully opened in many countries around the world.
 
For more information about FinArch Competence Center, click here. For more information about the official ceremony,click here.
 

 Announcements
FinArch presents outstanding results and sees continued success for 2010New 
by Karien Pype		 08/02/2010 12:40
 
FinArch's IAS/IFRS accounting templates validated and approved by Ernst & Young 
by Karien Pype		 24/01/2010 12:37
 
FinArch launches Competence Center for Integrated Finance and Risk Management 
by Karien Pype		 18/01/2010 10:59
 
FREE Webinar: IFRS for Financial Institutions - FinArch's seven-steps to compliance using Microsoft capabilities  
by Karien Pype		 15/01/2010 11:19
 
FinArch opens up Indonesian market for IFRS 
by Karien Pype		 24/11/2009 10:36
 
(More Announcements...)
  		 

 Integrated solutions or point solutions
"Risk technology vendors with a clear strategy for providing a 'one-stop-shop' are winning," comments Peyman Mestchian, Managing Partner at Chartis Research. "Technology vendors with point-solutions addressing a narrow set of problems will find it challenging to increase their market share". 
 

In the annual RiskTech 2009 report published by Chartis Research, FinArch is the winner of the category 'Risk and Finance Integration'. Read more.

Integration Risk and Finance 

 

 In Seven Steps to Sound IFRS
 

Learn more about the seven steps towards sound IFRS reporting.

Attend also our FREE Webinar: 'IFRS for Financial Institutions - FinArch's seven-steps to compliance using Microsoft capabilities'

January 28 2010 (12:30 ET, Toronto)
In collaboration with the Chartered Accountants of Canada (CICA), Microsoft and FinArch

 

 Ernst & Young validation
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). 
 
 

 Our IFRS experts at your disposal
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.

 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