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 79

Compliance IFRS SAP Accounting Standards 79

PYMNTS

JANUARY 2, 2020

The largest accounting firms – EY, Deloitte, KPMG and PwC – are investing billions of dollars in artificial intelligence (AI) and data technology products to change the industry in new ways, according to a report by Bloomberg Tax. They need to be on top of technology and train staff to use it.”.

Data Analysis 71

Data Analysis Accounting Standards Auditing Invoicing 71

CFO News Room

FEBRUARY 6, 2022

BlackRock regularly makes demands such as these of its portfolio companies, requiring them to meet the standards of its “sustainability accounting standards board.”. Then last year a little-known investment firm called Engine No. The company stated that its first responsibility was to make money for shareholders.

Investments 100

Investments Accounting Standards Economics Treasury 100

PYMNTS

JUNE 10, 2019

Reports in The Block Crypto late last week said a group of California CPAs has sent a letter to the Financial Accounting Standards Board, a federal board that sets Generally Accepted Accounting Principles (GAAP), requesting that it consider establishing a task force to address a lack of clarity in cryptocurrency accounting standards.

Accounting 51

Accounting IFRS GAAP Accounting Standards 51

Future CFO

DECEMBER 31, 2021

In response, 82% of CFOs report that investments in digital are accelerating faster than in other areas, including talent, supply chain, business services or fixed assets. What does this mean to the finance and accounting team of 2022? CFOs will have an expanded role to include ESG oversight.

Leadership 98

Leadership Finance GAAP Forecasting 98

PYMNTS

JANUARY 2, 2020

The Financial Accounting Standards Board (FASB), which establishes accounting standards in the U.S., It also provides a new standard for companies that struggle with the implementation of the technology, according to a report by Compliance Week. The new information was released in Accounting Standards Update No.

Accounting 58

Accounting Accounting Standards Nonprofit Compliance 58

Bramasol

FEBRUARY 18, 2025

In todays digital economy, businesses rely heavily on SAP consultants to guide them through complex ERP implementations, streamline processes, and maximize the value of their SAP investments. Ultimately, our job is to help clients achieve their business goals rather than just move to new technology solutions!

SAP 60

SAP Problem Solving Communication Accounting Standards 60

PYMNTS

NOVEMBER 8, 2019

LeaseQuery , which is one of the largest providers of lease accounting software, said that it has received an investment from Goldman Sachs’ Merchant Banking Division, to the tune of $40 million in Series A funding. Here in the U.S.,

Investments 40

Investments B2B Accounting Standards Compliance 40

CFA Institute

AUGUST 9, 2019

The next crash may unearth accounting scandals to rival those of Enron and WorldCom, says Sebastien Canderle.

Accounting 52

Accounting Investments Performance Measuring Accounting Standards 52

PYMNTS

APRIL 29, 2020

“Accounts receivable at many businesses continue[s] to grow as their customers hold onto cash,” Jason Brodmerkel, CPA, AICPA senior manager, Accounting Standards, said in the announcement. Providing liquidity for accounts receivable would help encourage growth and investments in business.”.

Finance 57

Finance Accounting Standards Treasury B2B 57

The Charity CFO

DECEMBER 21, 2021

Maintain tax-exempt status with consistent accounting standards and submit an IRS Form 990* each year. Do nonprofits pay income tax on investments? . Tax-exempt organizations are eligible to make investments in stocks, bonds, and other financial instruments. What’s a Form 990?

Nonprofit 85

Nonprofit CFO Sales Compliance 85

Bramasol

SEPTEMBER 29, 2023

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 88

Technology IFRS SAP Compliance 88

CFO Leadership

OCTOBER 10, 2023

All of this remains to be seen, as the audit and accounting industry contemplates how to apply the core principles of sound financial controls to this emerging mercurial space. Meanwhile, fine-tuning AI models for specific finance and accounting tasks is a promising but costly endeavor. With a large and diverse enough data set (e.g.

Accounting 95

Accounting Finance Auditing IFRS 95

PYMNTS

FEBRUARY 14, 2019

Along with regulatory action from tax reform and tougher Know Your Customer (KYC) rules adding the pressure of complex red tape, public companies need to add one more compliance concern to their list: changes to accounting standards by the Financial Accounting Standards Board (FASB). “In many ways, they are.”

Accounting Standards 46

Accounting Standards Compliance Accounting Corporate Finance 46

Future CFO

JUNE 22, 2022

The total cost faced by the global insurance industry to implement the accounting standard is now estimated by WTW to be US$18 billion to US$24 billion, survey report indicates. People: More than 10,000 people will be required to deliver the accounting standard in the next two to three years.

IFRS 52

IFRS Accounting Standards Valuation Accounting 52

Future CFO

OCTOBER 8, 2023

Hefty cost of IFRS 17 The total cost faced by the global insurance industry to implement the IFRS 17 accounting standard is now estimated to be US$21-27billion, WTW observed. Dividend-paying capacity unaffected: Nearly all 2023 survey participants declared that dividend-paying capacity has been unaffected by IFRS 17.

IFRS 52

IFRS Accounting Standards Accounting Investments 52

CFO Talks

JANUARY 22, 2025

My focus changed from only finance to be involved in all departments and my role changed to be a reliable Business Assistant to the Chief Executive Officer, the rest of the Directors of the group and in the process look after the investment of the shareholders. Be very intentional and make sure time spent together is quality time.

CFO 52

CFO Leadership Manufacturing Auditing 52

Future CFO

MARCH 8, 2023

3) Legislation and regulatory changes “Within the insurance industry, we are implementing a new accounting standard, IFRS17, which represents the most major change to insurance accounting requirements in over 20 years,” he revealed. Qualities to have to be successful Success is personal to everyone.

CFO 98

CFO Communication Economics Finance 98

VCFO

MAY 30, 2022

He is particularly skilled in oil and gas accounting, financial reporting, structuring finance and accounting functions and processes, financial modeling of capital investments, divestitures, acquisitions, cash flows and working capital management, and debt and equity financing.

CFO 52

CFO Auditing Financial Modeling Leadership 52

CFO Thought Leader

MAY 21, 2023

While chief accountant for the SEC’s investment management division, Alison Staloch reports, she found herself being greeted by a degree of inclusive enthusiasm that she had seldom encountered before. Says Staloch: “At the time, I still had thoughts about going back to public accounting.

CFO 52

CFO Accounting Investments Accounting Standards 52

The Charity CFO

JANUARY 21, 2022

If you’re looking for info on fund accounting in government here is a great resource for you. Both Generally Accepted Accounting Principles (GAAP) and Financial Accounting Standards Board (FASB) 116/117 require at least a minimum level of fund reporting, so you’ll need it in order to pass an audit.

Nonprofit 98

Nonprofit Accounting GAAP Accounting Principles 98

Musings on Markets

JANUARY 5, 2024

In pursuit of an answer to that question, I used company-specific data from Value Line, one of the earliest entrants into the investment data business, to compute an industry average. Return on (invested) capital 2. Excess Returns on investments 4. Dividends and Potential Dividends (FCFE) 1. Buybacks 2. Equity Risk Premiums 2.

Valuation 105

Valuation Financial Analysis Analyzing Data Profit and Loss 105

Fpanda Club

SEPTEMBER 2, 2021

Both functions are essential in the organization as accounting is supposed to ensure accurate records and data which can be further analyzed by the FP&A team to generate valuable insights and support strategic and operational decisions.

Financial Planning and Analysis (FP&A) 130

Financial Planning and Analysis (FP&A) Corporate Finance Communication Forecasting 130

CFO Talks

JUNE 20, 2022

The International Accounting Standards Board issued new protocols on climate reporting and the interesting distinction there is that there are two sets of protocols or soon-to-be standards, the one is related to climate change and then the other is related to sustainability, which relates to the business efficiencies.

Manufacturing 52

Manufacturing Accounting Standards Auditing Education 52

PYMNTS

OCTOBER 11, 2018

Corporates are gearing up to manage a whole slew of accounting standards changes in the coming years, but one of the more immediate effects involves how leases are recorded on financial statements. Some companies may seek legal advice on adopting the new standards or interpreting loan covenants.

Accounting 49

Accounting Accounting Standards Financial Reporting CFO 49

Future CFO

SEPTEMBER 24, 2023

Furthermore, they connect with financial institutions and lenders to obtain the capital required for essential investments, such as equipment upgrades, technological advancements, and expansion endeavours. However, their responsibilities extend beyond financial management.

CFO 52

CFO Accounting Standards Manufacturing Compliance 52

CFO Talks

JUNE 23, 2022

Potential investors increasingly consider this information when contemplating an investment. . Dan Kemp, CIO at US-based Morningstar Investment Management, says the link between financial returns and ESG is becoming increasingly apparent. Why CFOs must take ESG reporting seriously. ” . . ” .

IFRS 52

IFRS CFO Accounting Standards Education 52

Future CFO

FEBRUARY 6, 2020

Whether your tax, accounting and finance operations are locally-based, centralised or otherwise, investing in the right tools and resources optimises your company’s ability to meet evolving regulatory requirements and gives your team the time it needs to focus on planning, strategy and analysis.

Technology 40

Technology Compliance Accounting Standards CFO 40

The Finance Weekly

JANUARY 9, 2022

A big concern is that redirecting funds for policy changes might put a stop to other investments or areas that the organization wanted to use the funds for. Value Balancing Alliance , which is backed by the OECD, is developing a global standard for evaluing environmental factors of corporate value chains. But it doesn’t end there.

CFO 52

CFO Forecasting Leadership Budgeting 52

Future CFO

SEPTEMBER 24, 2019

Singapore need to further digitize when it comes to accounting and tax, according to the TMF Group. While the island state has adhered relatively well to international accounting standards—a trend only seen in 21% of jurisdictions in Asia Pacific, it trails behind its Asian counterparts in digitization, TMF Group pointed out.

Accounting 40

Accounting Invoicing Accounting Standards Compliance 40

PYMNTS

JULY 6, 2018

Australian regulators said they were disappointed in corporates’ lack of preparedness for new accounting rules. Directors and preparers should ensure that they understand the impact of new accounting standards and have systems and processes in place to support reporting under these new standards.”. 1 of this year. “The

Accounting 41

Accounting Auditing Accounting Standards Compliance 41

Spreadym

AUGUST 10, 2023

When choosing the best financial reporting software solution, it's important to consider factors such as ease of use, scalability, integration with existing systems, compliance with accounting standards, cost, customer support, and any unique requirements your organization might have.

Financial Reporting 52

Financial Reporting Financial Planning and Analysis (FP&A) Accounting Standards CFO 52

Future CFO

NOVEMBER 5, 2023

Initial public offerings or IPOs are among the significant milestones for a company as it transition to one open to public investment from being a privately held entity, and the chief financial officer play an important role for the journey's success. Besides, strengthening financial controls is imperative.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) CFO Benchmarking Risk Management 52

PYMNTS

APRIL 7, 2017

It’s a bummer for users who’d like to keep regulatory bodies out of their extranational crypto-stashes, but a bonus for other users who favor the potential for stability government management could provide their investments. Already, retailers in Japan are boarding the bitcoin train.

Currencies 41

Currencies Accounting Standards Auditing Retail 41

The Charity CFO

DECEMBER 28, 2022

You have a primary responsibility to your donors, grantmakers, and other stakeholders to find ways to share these statements while still following the highest accounting standards. This is anything that belongs to the nonprofit, including property, cash, equipment, investments, receivables, prepaid expenses, and pledged donations.

Nonprofit 52

Nonprofit GAAP Accounting Financial Reporting 52

The Finance Weekly

OCTOBER 31, 2021

Why is Financial Planning for NPOs crucial The accounting and financial management strategy is typically influenced by the extent to which users engage with the NPO's services, and targets are set by trustees. Good investment and funding opportunities may be lost. Master the basics of accounting.

Planning 52

Planning Auditing Nonprofit Accounts Payable 52

Future CFO

NOVEMBER 18, 2019

However, fundamental tasks in statutory accounts, management accounts, investments, budgeting, analysis, compliance, risk, payroll, audit, taxation and managing working capacity are very much interconnected. The cloud is here to stay and CFOs have to prepare for this inevitable move to the cloud.

CFO 52

CFO Finance Reconciliations Accounting Standards 52