Base de connaissances

IFRS 18 introduces three categories in the income statement, operating, investing and financing, along with new required subtotals. The aim is to make performance more comparable between entities.

The standard also governs management-defined performance measures published outside the financial statements. They will need to be explained and reconciled in the notes.

For subsidiaries reporting under IFRS to their group, the priority is to identify in 2026 the data needed for reclassification. Our team supports this preparation and builds it into the ERP set-up.

A smooth closing is prepared from November. Bank reconciliations and third-party accounts should be justified before year end, so that only inventory entries remain for January.

Physical counts of inventory and fixed assets, cut-off and the review of doubtful receivables account for most adjustments. Every entry must be documented.

Finally, the financial statements and notes must be consistent with the tax return. The BMS EXPERT ERP produces these reports from a single database, which limits the differences to explain.

Payroll involves many rules: the labour code, collective agreements, CNSS and CNAMGS contributions, taxes on salaries. A single error carries into every filing.

The HR-Payroll module of the BMS EXPERT ERP centralises employee records, calculates variable items and prepares filings from the same data.

Built-in checks flag anomalies before approval, and every payslip remains traceable in case of an inspection.