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Accounting Trial Balance

 

Project Identifier (PID)
Project Proposal
Project Status
Text Field
defaultexample: P1021
idpid
requiredtrue
p073
Project Proposal: Accounting Trial Balance

 

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idproject_status
selectedIn development
requiredtrue
  • Initiated
  • In development
  • Completed

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Project Deliverables 

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Project Leadership

Role

Member

 

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idrole1
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  • Project Chair
  • Project Lead
  • Co-Project Lead
  • Lead Editor
  • Co-Lead Editor
  • Editor

Michel Lesourd ([email protected])

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idrole2
requiredtrue
  • Project Chair
  • Project Lead
  • Co-Project Lead
  • Lead Editor
  • Co-Lead Editor
  • Editor

Chartered Accountant ([email protected])

Heads of Delegation

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idhod_country2
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idhod_country3
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Executive Summary

Project purpose

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idexecutive_summary_purpose
requiredtrue
The purpose of the project is to develop an Accounting MessageTrial Balance standard model to fulfill accounting requirements in the production of accounting books with respect to generally admitted accounting principles. 

Project scope

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idexecutive_summary
requiredtrue
A wide range of business events, resource consumption and agent actions require to track the economic value flow with entries into accounting books.
The scope for this project consists in building a standard accounting message needed for transmission of accounting elements, such as journal, ledger, trial balance, reporting, accounts chart, etc., required for bookkeeping, accounting and auditing practices. This message is used as well by supply, sales, procurement and financial chains within electronic business processes. This accounting message will be available to, and usable for all businesses activities enabling com-pletion of business scenario. The project includes all business sizes, internal as well as de-located accounting processes, domestic and international environments, single company and corporate, and concerns all activity domains.