VRB News
Virtual Reality Brisbane
  • Home
  • About us
  • IT news
  • Tech
  • World
  • Contact
No Result
View All Result
  • Home
  • About us
  • IT news
  • Tech
  • World
  • Contact
No Result
View All Result
No Result
View All Result
Home IT news

The company “Polyus Gold” moved to IBM Cognos TM1

admin by admin
August 21, 2020
in IT news
0
The company “Polyus Gold” moved to IBM Cognos TM1
0
SHARES
5
VIEWS
Share on FacebookShare on Twitter

The company “Polyus Gold” moved to IBM Cognos TM1| 14.02.2012

Gold mining company “the pole Gold” has completed the project to automate the collection, processing and consolidation of financial statements in accordance with IFRS standards with the help of IBM solutions
Cognos TM1. The project was implemented together with specialists of the international consulting company Columbus.

“The pole Gold” – the manufacturer of gold in Russia and Kazakhstan. The company’s asset portfolio includes ore and placer deposits in Krasnoyarsk region, Irkutsk, Magadan and Amur regions,
The Republic of Sakha (Yakutia), Kazakhstan, Romania and Kyrgyzstan.

One of the main tasks in support of the global development strategy of the company is the move towards quarterly reporting in accordance with IFRS. The project to automate the process
consolidation of financial statements “Polyus Gold” was launched in 2010. As a software product company chose IBM Cognos TM1 as a partner of the project according to the tender results became an international
consulting company of Columbus.

The IBM Cognos TM1 solution deployed by experts Columbus, allowed to reduce terms of preparation of quarterly financial statements “Polyus Gold”, to simplify the complexity of backups
the collection, processing and consolidation of data, to minimize additional errors.

For the conduct of the primary financial statements and provide data to the head office of “Polyus Gold” in Moscow subsidiaries use accounting system 1C different versions. After closing
period, the company is unloading the current state of the accounts of the company and their transformation in the current account according to IFRS in the form of Excel files. The preparation of the interim data on fixed assets and
intangible asset data are also obtained from 1C, then specialists are calculated in accordance with IFRS the restatement of the main financial indicators.

Now the account information provided in various forms of its subsidiaries, transformered and stored in a single system. Data on the basic financial statements are reconciled
automatically eliminated are taken into account the data on intragroup turnover and balances, the accrual of depreciation of fixed assets, investment calculations and a number of other indicators. In a single environment
provided automatic updating encapsulated data in reporting, a uniform format supports the possibility of their Association and multivariate analysis.

Previous Post

OCS started promotion of Auto ID solutions Bixolon

Next Post

The developer ported the Wolfenstein VR on the Oculus Quest

admin

admin

Related Posts

When is the HOT SALE 2023 in Mexico?
IT news

When is the HOT SALE 2023 in Mexico?

January 31, 2023
Dedicated Servers
IT news

The advantages of dedicated servers: cost, performance, security

January 27, 2023
Different types of proxies and their benefits for online security
IT news

Different types of proxies and their benefits for online security

January 27, 2023
Image technology: DHL warns against fake SMS – you need to know that fake SMS with supposed address queries from DHL are circulating at the moment. Sometimes the messages seem very authentic. That’s what’s behind it. More…
IT news

Image technology: DHL warns against fake SMS – you need to know that fake SMS with supposed address queries from DHL are circulating at the moment. Sometimes the messages seem very authentic. That’s what’s behind it. More…

January 25, 2023
helpchildreninukraine
IT news

Need for reform in juvenile justice legislation in Ukraine

January 25, 2023
Next Post
The developer ported the Wolfenstein VR on the Oculus Quest

The developer ported the Wolfenstein VR on the Oculus Quest

Premium Content

The classic Twin Peaks will have virtual reality game

The classic Twin Peaks will have virtual reality game

December 31, 2021
The inevitable invasion of bots

The inevitable invasion of bots

December 14, 2021
The 3D selfie is here

The 3D selfie is here

November 29, 2021

Browse by Category

  • Games
  • IT news
  • Tech
  • World

VRB News is ready to cooperate with webmasters and content creators. Send an email to info@virtualrealitybrisbane.com

Categories

  • Games
  • IT news
  • Tech
  • World

Recent Posts

  • When is the HOT SALE 2023 in Mexico?
  • The advantages of dedicated servers: cost, performance, security
  • Different types of proxies and their benefits for online security

© 2021 - The project has been developed ServReality

No Result
View All Result
  • Home
  • About us
  • IT news
  • Tech
  • World
  • Contact

© 2021 - The project has been developed ServReality

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?