IAS 39 and its replacement IFRS 9

IAS 39 requires that all financial assets and liabilities, everything from cash to derivatives, be recognised on the financial statements.
RiskPro provides functionality for IFRS reporting that includes:

• Valuation: Fair Value and Amortised Cost
• Held-for-trading at fair value
• Held-to-maturity
• Loans and receivables
• Available-for-sale
• Other liabilities
• Impairment
• Hedge Relationship Builder
• Prospective and Retrospective Hedge Effectiveness Testing

As more and more countries adopt the IFRS process the more your firm needs a solution that is proven throughout the world. RiskPro rapidly responds to the ever changing needs of both the local and global requirements, ensuring that you are always ready.
 http://www.frsglobal.com/solutions/solutions-ifrs.html

International Financial Reporting Standards

A global standard requires a global solution
International Financial Reporting Standards (IFRS) have been widely adopted throughout the world. Developed so that financial statements may be produced, read and understood by both local and international market players, IFRS is a critical element of our global economy. However, with global standards, comes the need for a global solution, and no solution covers more of the globe than Wolters Kluwer Financial Services RiskPro.
Our RiskPro solution accurately captures, aggregates, calculates and distributed the financial statements required for IFRS compliance. Collecting financial data from multiple sources and storing it in our DataFoundation, RiskPro’s IFRS module provides a comprehensive set of reports including the following:

• Statement of Financial Position
• Statement of Comprehensive Income (Income Statement and reconciled statement of Profit or Loss on the Income statement to total comprehensive income)
• Statement of Changes in Equity (SOCE)
• Cash Flow Statement or Statement of Cash Flows 

http://www.frsglobal.com/solutions/solutions-ifrs.html