article thumbnail

Members’ Profile: Henk Bothma

CFO Talks

With over two decades of professional experience spanning finance, accounting, and leadership, Henk’s journey began in high school, where his passion for numbers was ignited by managing his own small business and assisting with his fathers bookkeeping. The last 16 years were an unbelievable and rewarding experience.

CFO 52
article thumbnail

MedTech Bundling Requires Both DSE and Lessor Accounting Solutions

Bramasol

For example, according to Med Device Online , "Many manufacturers are implementing innovative pricing models to lower buyer-side pressure. In addition, global companies need the flexibility to comply and report according to multiple accounting standards. For revenue recognition, they also must comply with ASC 606 and IFRS 15.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Lease Accounting Updates that May Impact Your Business

VCFO

ASC 842 is a new accounting standard set forth by the Financial Accounting Standards Board (FASB). These impacts will include major changes to accounting practices and financial reporting, as well as increased scrutiny of contracts, service agreements, and all leases starting now and moving forward.

article thumbnail

vcfo Houston Team Grows with Addition of Jose Perez-Bello, Consulting CFO

VCFO

Jose is a senior finance professional with more than 30 years of experience in financial management roles in manufacturing and international energy ventures. Joining vcfo’s Houston market as a Consulting CFO is Jose Perez-Bello.

CFO 52
article thumbnail

Standards for Carbon Accounting are Beginning to Take Shape

Bramasol

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.

article thumbnail

Evolution in the CFO Role: The Three Rs in Financial Management

Future CFO

Additionally, CFOs are critical in managing and empowering their teams as the manufacturing industry’s workforce evolves. They ensure that employees have the necessary tools, training, and support to excel, fostering innovation and maintaining a competitive edge amidst the ever-changing manufacturing landscape.

CFO 52
article thumbnail

How to go green without going into the red??

CFO Talks

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.