Bramasol

SEPTEMBER 8, 2024

SAP Universal Revenue Management (SAP Universal RevRec) is a cutting-edge solution engineered to elevate and simplify the complexities of revenue recognition. Enhanced Compliance : Facilitates adherence to accounting standards and regulations, reducing the risk of non-compliance and associated penalties.

SAP 59

SAP General Ledger Compliance Accounting Standards 59

Bramasol

MAY 13, 2024

Discover how SAP solutions lay a solid foundation for audits and next level PCAOB or AICPA compliance reviews. Quality Control and Peer Review : The AICPA promotes quality control within the accounting profession through initiatives such as the Peer Review Program to ensure compliance with professional standards and regulatory requirements.

Auditing 86

Auditing Compliance SAP Accounting Standards 86

Bramasol

SEPTEMBER 29, 2023

They are expected to provide financial leadership and insight into the organization's strategic direction. 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.

IFRS 91

IFRS Technology SAP Compliance 91

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 81

Compliance IFRS SAP Accounting Standards 81

Bramasol

JUNE 10, 2022

Ideally, companies need to have accounting systems that can both adapt to different regulations and seamlessly provide visibility and analytic capabilities across the entire enterprise. Parallel Ledgers - in which multiple ledgers are used, with an accounting principle applied to each ledger. Inventory Accounting (MM and ML).

Accounting Principles 81

Accounting Principles IFRS SAP Accounting 81

Bramasol

FEBRUARY 13, 2023

Compliance: The adoption of ASC 606 and IRFS 15 accounting standards for revenue recognition introduced new requirements for SaaS companies, particularly around the allocation of revenues and the recognition of variable consideration.

SAP 74

SAP Compliance Leverage Accounting Standards 74

Bramasol

MARCH 24, 2022

A subsequent blog post specifically addressed How Can Carbon Accounting Impact the Value of M&A Deals? Among the biggest developments is a new proposed rule from the Securities and Exchange Commission (SEC) that was published on March 21, 2022 for public comment over the next 60 days.

Accounting 77

Accounting SAP Analyzing Data IFRS 77