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Parallel Accounting is a Key Tool for Global Companies with Multiple Reporting Requirements

Bramasol

One important side effect of the ongoing trend toward globalization is the need to comply with a range of different accounting principles as well as with disparate reporting and compliance mandates. Parallel Ledgers - in which multiple ledgers are used, with an accounting principle applied to each ledger.

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Universal RevRec - The Next Breakthrough in SAP Revenue Recognition Unification

Bramasol

By leveraging our leadership in deploying more RAR implementations than any other partner, Bramasol is also at the forefront of helping refine and deploy these new Universal RevRec capabilities. Since these scenarios are usually more cost and profitability driven, tight integration is a key factor for operational and compliance success.

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How to Build Shareholder Trust with Reliable Financial Reports

Planful

In reality, a company’s financial report can be more flimsy—involving estimates and judgment from leadership that’s far from the truth. The company’s leadership used fake holdings and off-the-books accounting practices to deceive regulators. Valuations are a classic example of hole-filled financial reporting.