FTI_FAS157_OVERVIEW - FAS157 Compliance Overview

SAP Transaction Code - Details

• Transaction Code: FTI_FAS157_OVERVIEW

  Description: FAS157 Compliance Overview

  Release: S/4HANA and ECC 6

  Menu Path:

  • Accounting > Financial Supply Chain Management > Treasury and Risk Management > Transaction Manager > Information System > Reports > Regulatory Reporting > FAS157 > FAS157 Compliance Overview
  • Information Systems > Accounting > Treasury > Regulatory Reporting > FAS157 > FAS157 Compliance Overview
  • Information Systems > General Report Selection > Treasury > Regulatory Reporting > FAS157 > FAS157 Compliance Overview

• • Program: RFTI_FAS157_COMP_OVERVIEW

    Screen: 1000

    Authorization Object:

  • Development Package: FTI

    Package Description: Application development R/3 Treasury information system

    Parent Package: FS_TRM

  • Module/Component: FIN-FSCM-TRM-TM-IS

    Description: Information System

Smart SAP Assistant

• SAP Tcode: FTI_FAS157_OVERVIEW - FAS157 Compliance Overview

  
  Overview:
  The SAP transaction code FTI_FAS157_OVERVIEW is used to access the FAS157 Compliance Overview:. This overview provides a comprehensive view of the compliance requirements for the Financial Accounting Standards Board (FASB) Statement No. 157, Fair Value Measurements. 
  
  Functionality: 
  The FAS157 Compliance Overview: provides a detailed overview of the requirements of FASB Statement No. 157, which is a standard for fair value measurements. It includes information on the scope of the standard, definitions of fair value, and guidance on how to measure fair value in different circumstances. It also provides information on how to apply the standard in different accounting contexts, such as financial instruments, derivatives, and investments. 
  
  Step-by-step How to Use: 
  To access the FAS157 Compliance Overview: using the SAP transaction code FTI_FAS157_OVERVIEW 
  1. Log into your SAP system. 
  2. Enter the transaction code FTI_FAS157_OVERVIEW in the command field. 
  3. The FAS157 Compliance Overview: will be displayed on your screen. 
  4. Review the information provided in the overview and use it to ensure that your organization is compliant with FASB Statement No. 157. 
  
  Other Recommendations: 
  It is important to note that this overview is not a substitute for professional advice or guidance from an accountant or other financial professional. It is recommended that organizations consult with a qualified professional when making decisions related to financial accounting standards and compliance requirements.