| Systems Applications and Products (SAP) |
|
|
|
We have found some information about SAP that makes for some interesting reading about the SAP (Systems Applications and Products) systems. There are informational links below. REVIEW OF SAP'S GROUP OPERATIONSThis is a review of SAP Group operations.SAP Founded in 1972Founded in 1972, SAP is today one of the world’s leading providers of business software and the world’s third-largest independent software company based on market capitalization. SAP counts more than 38,000 customers in over 120 countries and employs more than 39,300 individuals at sales and development locations in more than 50 countries in the Europe, Middle East, and Africa (EMEA), Americas, and Asia Pacific Japan regions. SAP is headquartered in Walldorf, Germany. Since 1999, SAP have prepared thier consolidated financial statements in accordance with the accounting principles generally accepted in the United States (U.S. GAAP). This ensures direct comparability with the financial statements of their international competitors. In addition to the many disclosures required under U.S. GAAP, the notes to their statements contain a great deal of extra detail that they provide voluntarily. The review of operations meets the requirements of the German Commercial Code or Handelsgesetzbuch (HGB), but it also contains additional voluntary information. They are committed to increasing transparency, as the international financial community rightly demands. END-OF-YEAR FINANCIAL SITUATION INFORMATION REQUIRED BY SECTION §315 (4) RISK FACTORS AND RISK MANAGEMENT BUSINESS IN THE YEAR: EARLY NEWS Visit the above weblinks to find out more about SAP (Systems Applications and Products). |
| < Prev |
|---|