Legal Reporting for GAAP

Some our clients are joint ventures with American or European investments and some has offices round the world. So they need legal reporting for 2 or more countries, IAS and Russian (or GAAP and Russian). I can transform ledgers thru company consolidation. But I’m not sure if the US or UK version supports common GAAP/IAS reporting or not.

If you are feeling adventurous, you could have a look at the navision implementation of XBRL, included in 3.60 (?) onwards. The uk version of cronus database certainly has IAS and USGAAP specs in there as samples although I dont think they have set it up fully in the demo. I have seen an example of an XBRL reader in Microsoft Excel knocking about on the internet which reads the file and displays it in a human readable format. Regards, edd

Its not the one Ive seen demonstrated, but here is a link to an XBRL analysis tool. Dunno whether it works or not.