S

I R

for software-based corporate accounting

Cong r e s s

2009

SAP/BO Financial Consolidation or SEM-BCS or SAP BPC?

a major concept comparison
December 2-3, 2009, Vienna
External reporting Harmonization of internal and external reporting Corporate planning Simulations and scenario management

Speakers
Dr. Christoph Ernst
SAP

Dr. Mark-Ken Erdmann

Bertelsmann Bertelsmann

Dr. Stefan Knopf

SAP

Stanislas Caudrelier
Bertelsmann Bertelsmann

Dr. Elke Focken Dr. Gnther Jauck

PwC sterreich

Benot Daget
Bertelsmann Bertelsmann

Marc Hansmann Hugues Prestigio

VISEA Consulting

Dr. Ulf Meyer Dr. Johannes Wirth

University of Saarland

Raoul Vogel

PwC sterreich

I R

Saarbrcker Institut fr Rechnungslegung SIR GmbH

U n i v e r s i t y o f S a a r l a n d , C a m p u s , B u i l d i n g A 1 1, 6 612 3 S a a r b r c k e n

Focus on corporate accounting

Aim of the event

Presentation of the performance features of the open consolidation systems
How can you implement an open platform such as SAP/BO Financial Consolidation? Do these products also support complex issues such as capital consolidation in multi-level corporate groups? And what can you expect from a starter kit? Questions like these are currently being intensively discussed in user forums. The benchmark is provided by the functionalities of the SEM-BCS and EC-CS product family. The performance features of the open systems, on the other hand, are frequently unknown.

Corporate accounting today

Corporate accounting has changed significantly over the last few years. While for many years it had been an activity carried out exclusively in order to satisfy legal requirements, it has now become a key tool for management-information. As regulations have become much more complex in particular IFRS 3 (2008), IAS 36, IFRS 5 and IFRS 8 so have the software support requirements.

Software support by SAP

SAP AG now offers a broad range of corporate accounting software solutions. First of all, there are the open (generic) systems SAP/BO Financial Consolidation and SAP BPC, which are based on a standard version (starter kit) and individually expanded and developed by users (and their consultants). Secondly, there is SAP AG with SEM-BCS and EC-CS, i.e. products which are supplied with extensive programmed consolidation know-how and where further development is carried out in a centralized manner by the manufacturer.

Highlighting the advantages and disadvantages of the product families

Which software solution can be best adapted to meet individual requirements? What are the possibilities offered by open consolidations systems compared to fixed-programmed systems? What are the limits of such systems? We will answer these questions at our forthcoming SIR Congress in order to help you in making a decision and present the respective consolidation functionalities using a case study from the field of practice, which is also the subject of the book by Kagermann/Kting/Wirth.

www.rechnungslegungsseminare.de

sir-congress

on

december 2/3, 2009

Overview of the event (Day 1)

09.00 09.15 Welcome

BO Financial Consolidation vs. SEM-BCS

15.30 16.15 16.15 18.15

Comparison of the consolidation systems SAP/BO Financial Consolidation and SEM-BCS using a standardized case study 09.15 10.15 10.15 11.00 Basic functionalities of the software systems Consolidation scope, consolidation scope hierarchies, matrix problems Coffee break Data collection and associated monitoring Data transfer to an internally-externally harmonized consolidation system Flexible uploads/interfaces to previous systems Lunch break Solutions for Intercompany Management Debt consolidation Set-off-procedure and evaluation options using types of document type/Audit-IDs Coffee break

Debt consolidation (continued) Treatment of valuation-related set-off differences Capital consolidation First consolidation Subsequent consolidation Divestiture Dinner together at hotel The Imperial Riding School Vienna

From 19.30

11.00 11.30 11.30 12.15

further information

Some of the presentations on SAP/BO Financial Consolidation will be given in English. The system comparison will be made without live access to the systems; however, system access will be available during the breaks for explanatory purposes.

12.15 13.15 13.15 14.15 14.15 15.00

This event is being supported by:

15.00 15.30

w w w. B e r t e l s m a n n B u s i n e s s C o n s u l t i n g . c o m

Overview of the event (Day 2)

9.00 10.30 Excursus: Corporate accounting with SAP BPC Basic functions and parallels to SAP/BO Financial Consolidation Data collection Debt consolidation Capital consolidation Coffee break Special issues Simulations and scenario management Options for harmonization with internal reporting Supporting the consolidated corporate planing Cash-flow reporting Value-based management Lunch break International accounting and reporting implication of the financial crisis
Raoul Vogel, PwC sterreich

Important information for the event

Date:
December 2-3, 2009

Venue:
Hotel Imperial Riding School Vienna Ungargasse 60, 1030 Wien - Austria www.imperialrenaissance.com

10.30 11.00 11.00 12.30

Price:
1,100 plus VAT
The price of the seminar includes the seminar documents and all entertainment costs (including dinner). A certain number of rooms are available at the conference hotel at discounted rates (105 per night for a single room including breakfast). These can be reserved if you mention that you will be attending the event.

12.30 13.30 13.30 14.15

14.15 15.00

Corporate Performance Management: Results of an empirical survey

Dr. Gnther Jauck, PwC sterreich

Registration:
Via the internet portal of the Saarbrcker Institut fr Rechnungslegung (www.rechnungslegungsseminare.de) or by Fax: +49 681 302 64912.

15.00 15.30 15.30 16.30

Coffee break Podium discussion: Pros and cons of the two product families

Cancellation:
Cancellations shall be subject to the cancellation terms and conditions of the Saarbrcker Institut fr Rechnungslegung, which are available at www.rechnungslegungsseminare.de.

Team of Speakers
BO Financial Consolidationexperience of the speakers The speakers on this topic are from Bertelsmann. SAP/BO Financial Consolidation has been used successfully throughout this Group for a number of years for the purposes of statutory reporting and the monthly reporting of actual figures as well as corporate planning. The flexibility of the software solution allows this platform to also be used to carry out tasks which strictly speaking are outside the area of corporate reporting (such as tax and HR reporting). The members of the team of speakers have many years of product experience and are actively involved in the process of preparing financial statements for Bertelsmann.

Team of Speakers
Dr. Elke Focken Dr. Elke Focken is an expert on consolidation issues at Bertelsmann. In addition to her academic competence, she has well-founded business management and system-based practical know-how which she gained working for various major international companies for a number of years. With her comprehensive knowledge of accounting regulations, Dr. Focken is also very familiar with the consideration of these regulations in the customizing of the software tool. Mr. Hansmann has been working in corporate financial reporting at Bertelsmann AG for a number of years and has extensive specialized knowledge in the areas of IFRS and value-based management. His area of responsibility at Bertelsmann Business Consulting includes policy issues relating to international accounting standards and managing consolidation systems. He has a number of years of experience using this software tool at Group level. As a proven expert on international accounting standards, Dr. Ulf Meyer has many years of experience in the area of IFRS policy issues. Before becoming CFO of Bertelsmann Business Consulting he played a key role in the introduction of integrated reporting at Bertelsmann AG and managed the roll-out of SAP/BO Financial Consolidation within the Bertelsmann Group. Hugues Prestigio is an expert in business management as well as system-related aspects of reporting and consolidation. He was a co-founder of the French consulting firm W&A Conseil, which was the precursor of VISEA Consulting. After the consulting firm became independent from Deloitte and changed its name to VISEA Consulting, Hugues Prestigio became CEO of the new firm.

Marc Hansmann

Stanislas Caudrelier

Individual speakers: Due to his previous work at Capgemini, Mr. Caudrelier is able to draw on extensive experience using Cartesis Magnitude/SAP/BO Financial Consolidation. He possesses a wide-ranging expertise in designing and customizing this consolidation solution as well as recovering historical data. Benot Daget joined Bertelsmann Business Consulting after having acquired broad experience in consolidation and systems. He specializes in the overall integration and customizing of the system and acquired his extensive knowledge working as a consultant for various firms, including VISEA Consulting and Deloitte. Benot Daget has several years experience supporting implementation and maintenance projects for a range of international companies.

Dr. Ulf Meyer

Benot Daget

Hugues Prestigio

Team of speakers
SEM-BCSSpeakers experience Dr. Johannes Wirth has been working as researcher since 1996 on the team led by Prof. Dr. Karlheinz Kting dealing with corporate accounting questions. In a close partnership between the chair of Prof. Kting and SAP he has dealt with the products FI-LC, EC-CS, BO Financial Consolidation, and particularly intensively with SEM-BCS. He is a permanent specialized consultant to SAP AG on matters concerning the development of SEM-BCS. He has been giving lectures on this software for many years and is coauthor of the book by Kagermann/Kting/Wirth, IFRS Consolidated Financial Statements with SAP, the second edition of which was published in 2008. Robert Jozic has many years of experience as a consultant on issues relating to software support for corporate accounting and reporting. In this connection he has also managed consolidation projects using SAP BPC (formerly Outlooksoft).

Other upcoming seminars

Autumn 2009 Corporate accounting in practice advanced seminar Sept. 16-18, 2009

SEM-BPCSpeakers experience

IFRS-accounting in practice Sept. 24-25, 2009 basic seminar The new german accounting law case studies on Sept. 22-23, 2009 the changeover to the new system Expert seminar new features and solutions in corporate accounting IFRS consolidated financial statements with SAP (SEM-BCS) IFRS capital consolidation with SAP (SEM-BCS) Oct. 1-2, 2009 Oct. 15-16, 2009 Oct. 29-30, 2009

SAP particiDr. Christoph Ernst, and Dr. Stefan Knopf will pants in podium among other things be giving presentations and andiscussion swering questions from the perspective of SAP during the podium discussion on questions concerning product classification and the strategic orientation of product families. Dr. Christoph Ernst is responsible for Product Management ERP Financials. Dr. Stefan Knopf ist Divisional Manager of Business User Global Sales. PwC particiRaoul Vogel, Director, PwC Austria. pants in podium discussion

www.rechnungslegungsseminare.de

www.rechnungslegungsseminare.de

Saarbrcker Institut fr Rechnungslegung: an overview

Postal address: University of Saarland, Building A 1 1, 66123 Saarbrcken Contact details: Tel. : +49 681 302 64916 Fax: + 49 681 302 64912 Internet: www.rechnungslegungsseminare.de E-Mail: kontakt@rechnungslegungsseminare.de Contact: Organization: Content: Marion Deiters: deiters@rechnungslegungsseminare.de Dr. Johannes Wirth: wirth@rechnungslegungsseminare.de