Future CFO

APRIL 18, 2022

It also helps finance teams deliver financial results, create informative financial and management reports, and provide the chief financial officer (CFO) with an enterprise view of key financial ratios and metrics. DOWNLOAD NOW.

Finance 52

Finance IFRS Accounting Principles GAAP 52

CFO Talks

SEPTEMBER 5, 2024

Moreover, your system must be designed to comply with relevant financial regulations and standards, such as the International Financial Reporting Standards (IFRS), Generally Accepted Accounting Practice (GAAP), and local tax laws. Regular updates to the system to reflect changes in these regulations are also crucial.

IFRS 98

IFRS GAAP Compliance Reconciliations 98

Bramasol

SEPTEMBER 12, 2022

Although the initial compliance phase for ASC 606 and IFRS 15 revenue recognition mandates is in the rear-view mirror for most companies, it's important to also keep a focus on the road ahead because optimization of overall RevRec processes across the enterprise will be key to ongoing success. Freeze periods on time-based POBs.

SAP 79

SAP IFRS Compliance Invoicing 79

PYMNTS

DECEMBER 16, 2016

In a survey conducted by the Institute of Management Accountants (IMA), and sponsored by Blackline, titled “Process Automation in Accounting and Finance,” examining the attitudes and concerns of 750 financial professionals surrounding accounting and month-end closing processes, manual activities remain prevalent — at the cost of time and money.

IFRS 74

IFRS Reconciliations GAAP Accounting Standards 74

Bramasol

SEPTEMBER 8, 2024

It marks a substantial leap forward that is built on earlier revenue management systems, such as SAP Revenue Accounting and Reporting (RAR) and SAP Automated Revenue Management (ARM). 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

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. Intercompany reconciliations were a nightmare, with many phone calls to the foreign subs. Life is so much easier for accounting and Finance staff now with today’s technology.

IFRS 40

IFRS Reconciliations GAAP Auditing 40

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

Planful

FEBRUARY 21, 2017

It usually begins with the collection of financial results from multiple systems, divisions, and subsidiaries with each having their own charts of accounts and business practices. 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

Intercompany reconciliations. US GAAP, Canadian GAAP, IFRS, etc.). Planful Consolidation helps customers accelerate financial close cycles by integrating data from disparate sources, consolidating their results following multiple accounting guidelines, and automating key processes. Multi-GAAP reporting (i.e.,

GAAP 40

GAAP Value-Added Analysis IFRS Auditing 40