--- title: Microsoft Dynamics 365 for Operations Support for IFRS description: Microsoft Dynamics 365 for Operations Support for IFRS image: https://itcdynamics365.support/hubfs/african-man-shirt-paying-goods-internet-using-credit-card-cell-phone.jpg --- [Skip to content](https://itcdynamics365.support/microsoft-dynamics-365-for-operations-support-for-ifrs#main-content) [![](https://itcdynamics365.support/hs-fs/hubfs/ITC%20text%20mark%20(1)%20(1).png?width=85&height=70&name=ITC%20text%20mark%20(1)%20(1).png)](https://itcdynamics365.support/home-page?hs_preview=zyLqOawO-177453833901&hsLang=en) - [Home](https://itcdynamics365.support/home-page) - [Our Services](https://itcdynamics365.support/our-services) Show submenu for Our Services - [Consultation](https://itcdynamics365.support/consultation) Show submenu for Consultation - [Security](https://itcdynamics365.support/modern-security-compliance-for-oil-gas-enterprises) - [Industrial/ Energy](https://itcdynamics365.support/ukrenergo-national-grid-operator-improves-resiliency-with-dynamics-365) - [Technical Services](https://itcdynamics365.support/technical-services) - [Advisory Services](https://itcdynamics365.support/advisory-services) Show submenu for Advisory Services - [Accounting and Book Keeping](https://itcdynamics365.support/advisory-services-accounting-bookkeeping) - [Audit your Merchant Account](https://itcdynamics365.support/advisory-/-audit-your-merchant-account) - [Advisory - BPO Accounting Tax Audit](https://itcdynamics365.support/advisory-bpo-accounting-tax-audit) - Products Show submenu for Products - [Power Platform](https://itcdynamics365.support/products-power-platform) - [Dynamics 365](https://itcdynamics365.support/products-dynamics-365) - [Support](https://itcdynamics365.support/support) - [Login](https://itcdynamics365.support/email-login) - [About Us](https://itcdynamics365.support/about) Show submenu for About Us - [Gallery](https://itcdynamics365.support/gallery) - [Locations](https://itcdynamics365.support/office-locations) - [Careers](https://www.careers-page.com/itc-worldwide-info) - [CX](https://itcdynamics365.support/blog/why-microsoft-is-ending-support-for-legacy-erp-and-what-it-means-for-your-business) - [Contact Us](https://itcdynamics365.support/contact-us) Open main navigation Close main navigation - [Home](https://itcdynamics365.support/home-page) - [Our Services](https://itcdynamics365.support/our-services) Show submenu for Our Services - [Consultation](https://itcdynamics365.support/consultation) Show submenu for Consultation - [Security](https://itcdynamics365.support/modern-security-compliance-for-oil-gas-enterprises) - [Industrial/ Energy](https://itcdynamics365.support/ukrenergo-national-grid-operator-improves-resiliency-with-dynamics-365) - [Technical Services](https://itcdynamics365.support/technical-services) - [Advisory Services](https://itcdynamics365.support/advisory-services) Show submenu for Advisory Services - [Accounting and Book Keeping](https://itcdynamics365.support/advisory-services-accounting-bookkeeping) - [Audit your Merchant Account](https://itcdynamics365.support/advisory-/-audit-your-merchant-account) - [Advisory - BPO Accounting Tax Audit](https://itcdynamics365.support/advisory-bpo-accounting-tax-audit) - Products Show submenu for Products - [Power Platform](https://itcdynamics365.support/products-power-platform) - [Dynamics 365](https://itcdynamics365.support/products-dynamics-365) - [Support](https://itcdynamics365.support/support) - [Login](https://itcdynamics365.support/email-login) - [About Us](https://itcdynamics365.support/about) Show submenu for About Us - [Gallery](https://itcdynamics365.support/gallery) - [Locations](https://itcdynamics365.support/office-locations) - [Careers](https://www.careers-page.com/itc-worldwide-info) - [CX](https://itcdynamics365.support/blog/why-microsoft-is-ending-support-for-legacy-erp-and-what-it-means-for-your-business) - [Contact Us](https://itcdynamics365.support/contact-us) - [Tech Training](https://itcdynamics365.support/corporate-training-microsoft) [Tech Training](https://itcdynamics365.support/corporate-training-microsoft?hsLang=en) ## Microsoft Dynamics 365 for Operations – IFRS Support Built-In **Simplify your compliance journey** with Microsoft Dynamics 365 for Operations — an enterprise solution designed to seamlessly support your organization's alignment with International Financial Reporting Standards (IFRS). From day-to-day financial operations to year-end reporting, Dynamics 365 ensures your business meets global accounting requirements with confidence, clarity, and control.. ![Smile homes (1)](https://itcdynamics365.support/hubfs/Smile%20homes%20(1).jpg "Smile homes (1)") ## 20 Key Areas of IFRS Support – Fully Integrated Microsoft Dynamics 365 for Operations provides robust features and built-in capabilities across key IFRS standards, helping finance teams ensure compliance, reduce risk, and enhance reporting accuracy. 1. 1. **Financial Reporting**: Support for IAS 1 (Presentation of Financial Statements) and IAS 7 (Statement of Cash Flows)[\[1\]](https://download.microsoft.com/download/6/c/a/6ca9315b-3e3a-4103-a390-12f93506491a/MicrosoftDynamics365forOperationsSupportforIFRS.pdf). 2. **Accounting Policies**: Compliance with IAS 8 (Accounting Policies, Changes in Accounting Estimates and Errors)[\[1\]](https://download.microsoft.com/download/6/c/a/6ca9315b-3e3a-4103-a390-12f93506491a/MicrosoftDynamics365forOperationsSupportforIFRS.pdf). 3. **Events After Reporting**: Handling IAS 10 (Events after the Reporting Period)[\[1\]](https://download.microsoft.com/download/6/c/a/6ca9315b-3e3a-4103-a390-12f93506491a/MicrosoftDynamics365forOperationsSupportforIFRS.pdf). 4. **Interim Reporting**: Support for IAS 34 (Interim Financial Reporting)[\[1\]](https://download.microsoft.com/download/6/c/a/6ca9315b-3e3a-4103-a390-12f93506491a/MicrosoftDynamics365forOperationsSupportforIFRS.pdf). 5. **First-time Adoption**: IFRS 1 (First-time Adoption of International Financial Standards)[\[1\]](https://download.microsoft.com/download/6/c/a/6ca9315b-3e3a-4103-a390-12f93506491a/MicrosoftDynamics365forOperationsSupportforIFRS.pdf). 6. **Operating Segments**: Compliance with IFRS 8 (Operating Segments)[\[1\]](https://download.microsoft.com/download/6/c/a/6ca9315b-3e3a-4103-a390-12f93506491a/MicrosoftDynamics365forOperationsSupportforIFRS.pdf). 7. **Consolidated Statements**: Support for IFRS 10 (Consolidated Financial Statements)[\[1\]](https://download.microsoft.com/download/6/c/a/6ca9315b-3e3a-4103-a390-12f93506491a/MicrosoftDynamics365forOperationsSupportforIFRS.pdf). 8. **Business Combinations**: Handling IFRS 3 (Business Combinations)[\[1\]](https://download.microsoft.com/download/6/c/a/6ca9315b-3e3a-4103-a390-12f93506491a/MicrosoftDynamics365forOperationsSupportforIFRS.pdf). 9. **Joint Arrangements**: Compliance with IFRS 11 (Joint Arrangements)[\[1\]](https://download.microsoft.com/download/6/c/a/6ca9315b-3e3a-4103-a390-12f93506491a/MicrosoftDynamics365forOperationsSupportforIFRS.pdf). 10. **Inventories**: Support for IAS 2 (Inventories)[\[1\]](https://download.microsoft.com/download/6/c/a/6ca9315b-3e3a-4103-a390-12f93506491a/MicrosoftDynamics365forOperationsSupportforIFRS.pdf). 11. **Property and Equipment**: Handling IAS 16 (Property, Plant and Equipment)[\[1\]](https://download.microsoft.com/download/6/c/a/6ca9315b-3e3a-4103-a390-12f93506491a/MicrosoftDynamics365forOperationsSupportforIFRS.pdf). 12. **Leases**: Compliance with IAS 17 and IFRS 16 (Leases)[\[1\]](https://download.microsoft.com/download/6/c/a/6ca9315b-3e3a-4103-a390-12f93506491a/MicrosoftDynamics365forOperationsSupportforIFRS.pdf). 13. **Impairment of Assets**: Support for IAS 36 (Impairment of Assets)[\[1\]](https://download.microsoft.com/download/6/c/a/6ca9315b-3e3a-4103-a390-12f93506491a/MicrosoftDynamics365forOperationsSupportforIFRS.pdf). 14. **Provisions and Liabilities**: Handling IAS 37 (Provisions, Contingent Liabilities and Contingent Assets)[\[1\]](https://download.microsoft.com/download/6/c/a/6ca9315b-3e3a-4103-a390-12f93506491a/MicrosoftDynamics365forOperationsSupportforIFRS.pdf). 15. **Intangible Assets**: Compliance with IAS 38 (Intangible Assets)[\[1\]](https://download.microsoft.com/download/6/c/a/6ca9315b-3e3a-4103-a390-12f93506491a/MicrosoftDynamics365forOperationsSupportforIFRS.pdf). 16. **Investment Property**: Support for IAS 40 (Investment Property)[\[1\]](https://download.microsoft.com/download/6/c/a/6ca9315b-3e3a-4103-a390-12f93506491a/MicrosoftDynamics365forOperationsSupportforIFRS.pdf). 17. **Non-current Assets**: Handling IFRS 5 (Non-current Assets Held for Sale and Discontinued Operations)[\[1\]](https://download.microsoft.com/download/6/c/a/6ca9315b-3e3a-4103-a390-12f93506491a/MicrosoftDynamics365forOperationsSupportforIFRS.pdf). 18. **Foreign Exchange Rates**: Compliance with IAS 21 (The Effects of Changes in Foreign Exchange Rates)[\[1\]](https://download.microsoft.com/download/6/c/a/6ca9315b-3e3a-4103-a390-12f93506491a/MicrosoftDynamics365forOperationsSupportforIFRS.pdf). 19. **Revenue Recognition**: Support for IAS 11 (Construction Contracts), IAS 18 (Revenue), and IFRS 15 (Revenue)[\[1\]](https://download.microsoft.com/download/6/c/a/6ca9315b-3e3a-4103-a390-12f93506491a/MicrosoftDynamics365forOperationsSupportforIFRS.pdf). ## 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