Is reporting and presentation significantly different under IFRS as compared to U.S. GAAP?
SAP has chosen its IFRS accounting policies in a manner that there are no significant differences between U.S. GAAP and IFRS. Especially there are no differences in revenue recognition and the only difference in our presentation of revenues results from applying the different definition of discontinued operations under U.S. GAAP versus IFRS. Other differences in presentation result from slightly different requirements regarding, for example classification and netting of items etc. Please refer to the Virtual Classroom Session for further details.
