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In addition, global companies need the flexibility to comply and report according to multiple accountingstandards. For leasing, this means International AccountingStandards Board’s (IASB’s) IFRS 16 and US GAAP Financial AccountingStandards Board’s (FASB’s) ASC 842.
An audit evaluates: Compliance with accountingstandards (GAAP or IFRS.) Here are some small business accounting tips to prep for audits every day: Organize Documents: Systematically save and organize invoices, bills, contracts, and other documents digitally for easy search and reference.
So a lot of invoices, accounts payable, accounts receivable, cash flow management, treasury working with procurements, so really the back office function at Anheuser-Busch, really pushing, making sure that everything works efficiently. So a lot of it was leading back office finance for the company.
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