Free managerial accounting software

Could you please suggest me a free managerial accounting software. I need it
for educational purpose.It will be nice to be regulate with the
Internetional financial reporting standards.
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Thank you, I will try to present it to my students of managerial accounting. I also work with java so it is nice to see a project made in my prefered language.
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You may like to show them the split accounts aspect which is made nicely. To view how Spilt accounting is leveraged you should also study Account Register feature which shows how much you are making from each business partner etc.
Would appreciate any kind of open comments on features and usability to make it best suitable for SMB needs.
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