CFO Leadership

OCTOBER 10, 2023

AI coupled with The Digitization of the Finance Function create powerful levers for today’s CFO. AI in the “Real World” While these powerful tools seem to have a near mastery of natural language communication, they are not necessarily designed to possess many of the skills required by finance and accounting professionals.

Accounting 95

Accounting Finance Auditing IFRS 95

The Charity CFO

JANUARY 19, 2023

Accounting standards for nonprofits are probably not the first thing you think about, but are crucial for your organization to succeed. Because of their unique structure and operational model, nonprofits must comply with various accounting standards that are, in many ways, different from for-profit organizations.

Accounting Standards 52

Accounting Standards Nonprofit Accounting GAAP 52

Future CFO

JUNE 27, 2022

Financial reporting specialist and lecturer Adam Deller explains the basic principles of IFRS 8, Operating Segments. The post The fundamentals of IFRS 8 appeared first on FutureCFO.

IFRS 52

IFRS Financial Reporting Accounting Standards Accounting 52

Future CFO

FEBRUARY 7, 2023

IFRS 17 will change insurers' reported earnings and equity as it alters their profit recognition patterns and measurement of liabilities, while not directly affecting insurers' creditworthiness, said Moody's recently. The new insurance reporting standard has been taken effect since January 2023.

IFRS 52

IFRS Accounting Economics Financial Reporting 52

Future CFO

JULY 12, 2020

After several months of re-deliberations, the International Accounting Standards Board (the Board) has published the final amendments to IFRS 17 Insurance Contracts. The post IFRS 17: Final amendments are out now appeared first on FutureCFO.

IFRS 40

IFRS Accounting Standards Accounting Finance 40

Bramasol

SEPTEMBER 29, 2023

According to a PwC 2022 Global Digital CFO Survey , 73% of CFOs agree that digitalization of the finance function is a high priority and already 18.5% Globalization CFOs have long needed to assure compliance with two different standards-setting bodies. The first is the Financial Accounting Standards Board (FASB) in the United States.

Technology 89

Technology IFRS SAP Compliance 89

Bramasol

JUNE 10, 2022

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.

Accounting Principles 79

Accounting Principles IFRS Accounting SAP 79

Future CFO

APRIL 18, 2022

Finance organizations regularly face the challenges of meeting strict deadlines and satisfying data quality requirements for closing the books and delivering accurate financial statements. It enables finance teams to automate and accelerate the financial close with minimal IT support. DOWNLOAD NOW.

Finance 52

Finance IFRS GAAP Accounting Principles 52

PYMNTS

DECEMBER 16, 2016

In a survey conducted by the Institute of Management Accountants (IMA), and sponsored by Blackline, titled “Process Automation in Accounting and Finance,” examining the attitudes and concerns of 750 financial professionals surrounding accounting and month-end closing processes, manual activities remain prevalent — at the cost of time and money.

IFRS 74

IFRS Reconciliations GAAP Accounting Standards 74

The Finance Weekly

MARCH 28, 2022

What's behind it, and why should CFOs and finance leaders care about it? Continue reading to learn what ESG reporting is, what's new with ESG reporting standards, why Finance teams should care, and the five benefits of aligning ESG and financial reporting. But CFOs and Finance teams are now starting to become involved.

Finance 52

Finance Auditing Accounting Standards IFRS 52

CFO Leadership

OCTOBER 18, 2023

AI coupled with The Digitization of the Finance Function create powerful levers for today’s CFO. AI in the “Real World” While these powerful tools seem to have a near mastery of natural language communication, they are not necessarily designed to possess many of the skills required by finance and accounting professionals.

Accounting 52

Accounting Finance Auditing IFRS 52

CS Lucas

NOVEMBER 29, 2023

Syndicated lending has grown rapidly over the past decade to become an essential source of financing for large corporations and institutions. For borrowers, syndicates allow more access to financing with potentially better terms than direct bi-lateral agreements. Management and auditors gain on-demand reporting.

Technology 52

Technology Treasury IFRS Compliance 52

CFO Share

NOVEMBER 15, 2023

As a small business owner or finance manager, it’s crucial to approach this process with a clear plan. This article includes small business accounting tips to prepare for an audit while minimizing its expenses and findings. An audit evaluates: Compliance with accounting standards (GAAP or IFRS.)

Auditing 52

Auditing IFRS GAAP Invoicing 52

Bramasol

SEPTEMBER 8, 2024

Enhanced Compliance : Facilitates adherence to accounting standards and regulations, reducing the risk of non-compliance and associated penalties. With Universal Parallel Accounting, you can benefit from the flexibility of the parallel ledgers not only in General Ledger Accounting but also in various subledgers.

SAP 59

SAP General Ledger Compliance Accounting Standards 59

CFO Talks

DECEMBER 26, 2021

Before that, Daniel was a finance lead and senior project manager at the world’s largest brewer, Anheuser Busch in the Czech Republic, which, of course, is fairly well known to South Africans. After my degree I got employed by a company called Fox5 as a finance manager and worked there for five years.

Manufacturing 75

Manufacturing CFO Budgeting IFRS 75

CFO Talks

DECEMBER 26, 2021

So that you will eventually have the CFO focusing on three reporting areas, the traditional IFRS, then secondly, business efficiencies, and then because of the difficult economic circumstances we are in, the only way that you can still maintain the bottom line is through better efficiencies. So they definitely have the ability.

CFO 40

CFO Profit and Loss Finance Accounting 40

Musings on Markets

JANUARY 9, 2021

One reason is that these businesses are not only not required to publicly disclose their financial details in most parts of the world, but often follow more malleable accounting standards, making the data less reliable and comparable. Macro Data I do not report much macroeconomic data for two reasons.

Valuation 52

Valuation Currencies Numbers Corporate Finance 52

Bramasol

JANUARY 27, 2023

In 2018, the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) announced the release of new accounting standards, ASC 842 and IFRS 16, that redefined how organizations must account for leases.

Compliance 80

Compliance IFRS SAP Accounting Standards 80

CFO Talks

JANUARY 27, 2025

David shared his unique perspectives on the evolving demands of the CFO role, sustainability, and global standards, offering invaluable advice to financial leaders. Career Evolution: A Non-Traditional Pathway Davids career journey reflects a shift from credit enforcement and finance operations to leadership roles in global organisations.

CFO 52

CFO Auditing IFRS Accounting 52

CFO Talks

MARCH 12, 2025

Finance Moves FastDont Let Your Knowledge Collect Dust Why Lifelong Learning in Finance Matters In the world of finance, things change constantly. For finance professionals, staying updated is more than just a good habitit is a necessity.

Finance 52

Finance IFRS Compliance Financial Modeling 52