
SAP Financial Documents
SAP prepares its consolidated annual financial statements in accordance with International Financial Reporting Standards (IFRS) as endorsed by the European Union (EU). The company also provides separate financial statements according to the requirements of the German Commercial Code (Handelsgesetzbuch HGB). All publications (such as SAP SE’s Annual Report, SAP Integrated Report, SAP Annual Report on Form 20-F, Half-Year Report, and Quarterly Statements) are submitted according to the post-admission obligations to the Frankfurt Stock Exchange, the German Federal Register (Bundesanzeiger) and the U.S. Securities and Exchange Commission (SEC).