Tue, January 16

On January 11, at the office of the SYSTEM TECHNOLOGIES company, a seminar “Subsystems “Funds and material resources” and “Salary & Personnel” adaptation to the requirements of IFRS” was held for employees of banks and non-credit financial organizations of the Republic of Belarus.

Changes are taking place in the banking sector of Belarus today due to the transition to international financial reporting standards as priority and only standards in organizing accounting and preparing financial statements.

To make it easier for banks and non-credit financial organizations to work in this direction, SYSTEM TECHNOLOGIES is ready to offer a number of improvements to its existing proprietary software. In order to understand in detail the nuances of the transition to IFRS and introduce transformation options in the existing conditions, our company organized its own seminar.

At the event, SYSTEM TECHNOLOGIES employees and invited B1 Belarus Experts Senior Manager Anatoly Voroshilov, ACCA, and Senior Manager Oleg Tikhonov, ACCA, shared their knowledge on the transition to international financial reporting standards. The speakers of SYSTEM TECHNOLOGIES also presented possible options for improving their own software, with the help of which such a transition can be easily and losslessly implemented in practice.

In the process of live communication, exchange of experience and detailed study of pressing issues, the necessary steps for the transition to international financial reporting standards were outlined.

The SYSTEM TECHNOLOGIES company keep in sight modern trends and timely offers the best solutions to all set tasks.