Why Evamp & Saanga
A leading developer of web, mobile and telecom applications in the Middle East, regions of South Asia and Africa. With the privilege of working with some of the biggest companies in the world, our commitment to success speaks for itself.
If you can imagine it, we can make it!!
Evamp & Saanga has a team of expert mobile application developers creating modish, engaging, and simple to use applications that place out from the crowd.
The International Accounting Standards Board (‘IASB’) has issued a new Standard on accounting for revenue recognition, IFRS 15, which is applicable for entities reporting in accordance with International Financial Reporting Standards (‘IFRSs’) for periods beginning on or after 1 January 2018 with early application permitted.
IFRS 15 specifies how and when an IFRS reporter will recognise revenue as well as requiring such entities to provide users of financial statements with more informative, relevant disclosures. The standard provides a single, principles based five-step model to be applied to all contracts with customers.
A purpose built solution for meeting the IFRS15 reporting needs, will ensure that it is in-line with your specific needs for IFRS15 transition with minimal impact on the rest of the systems. We can help, our solution will ensure:
- Minimal impact on your existing accounting processes and systems
- Accommodating huge increase in data flow, users and transactions:
- Full control over rules definition
- Affordable & Customizable