Bramasol

NOVEMBER 8, 2021

While these reports represented an important element for communicating a company's corporate-citizenship vision and were also positive public relations initiatives, for the most part they did not contain a lot of hard, auditable data. In the area of climate change, this is often referred to as "carbon accounting".

Compliance 77

Compliance Accounting SAP IFRS 77

Bramasol

AUGUST 31, 2023

Over the past eight years, many episodes in this blog series have focused on revenue recognition and how SAP solutions such as Revenue Accounting and Reporting (RAR) have provided a robust foundation for compliance with ASC 606 and IFRS 15.

SAP 85

SAP Accounting Reconciliations General Ledger 85

Bramasol

MARCH 24, 2022

This important issue was previously explored last year in Are You Ready for "Carbon Accounting" Compliance? A subsequent blog post specifically addressed How Can Carbon Accounting Impact the Value of M&A Deals? ISSB was established by the IFRS Foundation in response to the Glasgow COP 26 conference in November 2021.

Accounting 76

Accounting SAP Analyzing Data IFRS 76

CFO Share

NOVEMBER 15, 2023

Embarking on your first financial audit can be nerve-wracking. 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.) How Long Do Financial Audits Take?

Auditing 52

Auditing IFRS GAAP Invoicing 52

CFO Talks

MARCH 2, 2023

CFO Club Africa is a division of the Chartered Institute of Business Accountants, the professional body for business accountants, financial managers and chief financial officers. and join our community of accounting and finance executives. Ehsaan is a Chartered Accountant. Go to www.cfoclub.co.za

Auditing 98

Auditing CFO IFRS Construction 98

Future CFO

OCTOBER 27, 2020

New report Accounting & tax: the global and local complexities holding multinationals to account analyses and ranks 77 jurisdictions based on the complexity of their accounting and tax laws and practices. Source: TMF 2020.

Accounting 52

Accounting IFRS Auditing GAAP 52

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

CFO Talks

SEPTEMBER 30, 2024

This is not just an accounting issue; it’s a symptom of a broader problem that threatens our ability to compete in the global economy. At the heart of this issue is IAS 38 , the international accounting standard for intangible assets, which may be doing more harm than good for South Africa’s economic ambitions.

Accounting Standards 98

Accounting Standards Economics IFRS Auditing 98

CFO Leadership

OCTOBER 18, 2023

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. However, they still have a place in corporate finance and accounting.

Accounting 52

Accounting Finance Auditing IFRS 52

Bramasol

JULY 26, 2024

As the SAP partner with the most revenue recognition implementations and deepest involvement in the ongoing refinement of solutions such as SAP Revenue Accounting and Reporting (RAR) and Automated Revenue Management solutions, Bramasol can help you navigate the most complex RevRec scenarios.

SAP 80

SAP IFRS GAAP Compliance 80

CFO Talks

SEPTEMBER 5, 2024

Implementing robust security measures, such as encryption, access controls, and regular audits, is essential to protect sensitive financial information. Regular updates to the system to reflect changes in these regulations are also crucial.

IFRS 98

IFRS GAAP Compliance Reconciliations 98

Future CFO

MAY 1, 2024

As they assist in compliance audits and the monitoring of internal controls to ensure that everyone within the company does their job correctly, they are also expected to thrive and flourish amid the challenges along the way for the benefit of the organisation.

Leadership 98

Leadership IFRS Finance Communication 98

Future CFO

JULY 3, 2024

Integrated financial sustainability reporting is here In June 2023 the International Sustainability Standards Board (ISSB) issued its first two IFRS Sustainability Disclosure Standards, IFRS S1 General Requirements for Disclosure of Sustainability-related Financial Information and IFRS S2 Climate-related Disclosures.

Finance 59

Finance IFRS Quantitative Data Communication 59

Planful

JUNE 22, 2017

Financial Consolidation in the Accounting World. But in the accounting world, “financial consolidation” is a well-defined process that includes several complexities and accounting principles. Here are the key accounting consolidation steps in the finance consolidation process : Collecting trial balance data (e.g.,

Accounting 40

Accounting General Ledger IFRS GAAP 40

CFO Talks

SEPTEMBER 26, 2024

For example, recent amendments to the Companies Act have altered financial reporting and audit requirements, impacting many businesses. Complex Reporting Standards: Adhering to both International Financial Reporting Standards (IFRS) and local regulations can complicate financial reporting.

IFRS 52

IFRS Compliance Auditing Financial Reporting 52

Future CFO

FEBRUARY 1, 2024

"It is absolutely critical businesses implement an accounting and reporting system for their ESG data that is as auditable, transparent, and reliable as their financial data accounting," Hasenoehrl says, "2024 is the year we have to start treating enterprise carbon data the same way we treat financial data."

Finance 52

Finance SAP Auditing IFRS 52

Future CFO

AUGUST 18, 2022

The number of global companies obtaining independent assurance on their ESG information increased from 51% to 58% in 2020, compared to the previous year, said the International Federation of Accountants ( IFAC ) recently. The use of, or reference to, Sustainability Accounting Standards Board (SASB) standards more than doubled in 2020.

IFRS 52

IFRS Auditing Accounting Standards Accounting Firms 52

Future CFO

JUNE 12, 2024

Hence, it is crucial to adopt established standards and frameworks such as the International Financial Reporting Standards (IFRS) Sustainability Disclosure Standards issued by the International Sustainability Standards Board (ISSB), the Greenhouse Gas Protocol and ISO 14064.

Compliance 98

Compliance IFRS Risk Management Finance 98

Planful

JANUARY 19, 2016

When I was a staff accountant back in the mid-1980s, I remember spending many nights and weekends working to close the year-end books. Life is so much easier for accounting and Finance staff now with today’s technology. Correctly accounting for minority interests. Built-in accounting for minority ownership.

IFRS 40

IFRS Reconciliations GAAP Auditing 40

CFO Talks

JULY 16, 2024

The event, approved with 12 CPD hours for full attendance and 5 CPD hours for the workshop by the Chartered Institute for Business Accountants (CIBA), attracted top professionals from across the continent. Delegates also received a complimentary 1-year membership to the CFO Club.

Leadership 52

Leadership CFO IFRS Strategic Planning 52

Future CFO

NOVEMBER 2, 2020

China’s financial environment is the region’s most complex, followed by Vietnam, South Korea, Malaysia and Indonesia, according to TMF Group’s report titled Accounting & tax: The global and local complexities holding multinationals to account. However, APAC and EMEA take a much more localised approach.

Compliance 40

Compliance IFRS GAAP Accounting Principles 40

The Finance Weekly

MARCH 28, 2022

Converging ESG and Sustainability Reporting Standards There are several competing standards for ESG/Sustainability reporting including the Global Reporting Initiative (GRI), Sustainability Accounting Standards Board (SASB), Carbon Disclosure Project (CDP), and others. Data validations, controls, and audit trails are extensive.

Finance 52

Finance Auditing Accounting Standards IFRS 52

Musings on Markets

OCTOBER 19, 2021

The second is that interest groups have become much more savvy about lobbying regulatory groups and accounting rule writers to get their required data items on the required list. The second is the notion of materiality , a key component of how accountants and regulators think about what needs to be disclosed.

Profit and Loss 96

Profit and Loss Accounting Numbers Valuation 96

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

CFO Talks

JUNE 8, 2022

In a new paper looking at the future of sustainability reporting standards, the authors found that the next 12 to 18 months are likely to result in some of the most significant innovations in corporate accounting and reporting we have seen in decades.

CFO 52

CFO IFRS Education Auditing 52

Planful

FEBRUARY 21, 2017

From the collection and consolidation of financial results, to the creation of year-end financial statements, to audits and regulatory filings – finance teams are often distraught throughout the process. These results then require consolidation following US GAAP or IFRS guidelines. Attend to Reconciliations Early.

Reconciliations 40

Reconciliations IFRS GAAP Leverage 40

Planful

AUGUST 1, 2017

You’re preparing for an IPO or external audit, which requires having rock-solid financial statements. US GAAP, Canadian GAAP, IFRS, etc.). Such processes include adjusting journals, intercompany eliminations, and accounting for non-controlling interests. So what does the financial consolidation and close process entail?

GAAP 40

GAAP Value-Added Analysis IFRS Auditing 40

Jedox Finance

JULY 11, 2023

5 Other sustainability reporting initiatives in development include those of the International Sustainability Standards Board (ISSB), developed by the International Financial Reporting Standards (IFRS) Foundation. The final ESRS requirements are to be passed as law at the end of July 2023 and no later than the end of August 2023.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance Profit and Loss Compliance 52

CFO Talks

DECEMBER 26, 2021

Today’s podcast is sponsored by Draftworx, which provides automated drafting and working paper financial software to more than 8000 accounting and auditing firms and corporations. CFO Talks is a brand of the South African Institute of Business Accountants. So a lot of it was leading back office finance for the company.

Manufacturing 75

Manufacturing CFO Budgeting IFRS 75

CFO Talks

OCTOBER 1, 2024

This Interview conducted by Leana van der Merwe CBA(SA), CA(SA), a Technical Specialist at the Chartered Institute for Business Accountants (CIBA) and editor of CFO Club, with Dr. Daan Steenkamp, the CEO of Codera Analytics. Differences in accounting treatment for intangible assets in South Africa versus other countries.

Leverage 52

Leverage Investments Economics Accounting 52

CFO Talks

MARCH 31, 2022

Today’s podcast is sponsored by Draftworx, which provides automated drafting and working paper financial software to more than 8000 accounting and auditing firms and corporations. CFO Talks is a brand of the South African Institute of Business Accountants. That was attractive to me, so I went down that route.

CFO 40

CFO Finance Accounting IFRS 40

CFO Talks

DECEMBER 26, 2021

Today’s podcast is sponsored by Draftworx, which provides automated drafting and working paper financial software to more than 8000 accounting and auditing firms and corporations. CFO Talks is a brand of the South African Institute of Business Accountants. Tell us about your trip to Mexico, what were the impressions.

CFO 40

CFO Profit and Loss Finance Accounting 40

Onplan

NOVEMBER 30, 2022

Users report that locked versions change as accounts, level structures, or simple formula calculations change, which can be frustrating for less tech-savvy budget owners. Centage Budget Maestro: You can use Centage Planning Maestro in conjunction with Centage Budget Maestro for your general accounting software needs.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Budgeting Forecasting Planning 52

CFO Talks

JANUARY 27, 2025

And before I give you a chance, a little bit about CFO Club, it’s a division of CIBA, the Chartered Institute for Business Accountants. I’ve, acted as a CFO for some very, big and large corporates, global corporates, and then also works closely with professional bodies internationally, especially in the accounting sector.

CFO 52

CFO Auditing IFRS Accounting 52

CFO Talks

SEPTEMBER 13, 2024

It started in 2016 as a brand of the Chartered Institute of Business Accountants (CIBA), which is one of the larger professional bodies in South Africa, with about 10,000 members. My name is Lawrence Nsibandze, and I began my career back in 2001 with the Price Hotel Group as an audit clerk.

Finance 97

Finance Auditing CFO Leadership 97

Bramasol

APRIL 7, 2025

Lessor and Lessee Accounting: Today's telecom ecosystem also involves opportunities for leasing out towers, fiber, etc. Better Accounting Compliance: Cloud-based ERP systems ensure accurate financial reporting, adherence to tax laws, and audit readiness. to other providers, as well as leasing infrastructure from them.

SAP 58

SAP Leverage Compliance IFRS 58