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The Role of IFRS in Simplifying Cross-Border Financial Reporting 

CFO Talks

The Role of IFRS in Simplifying Cross-Border Financial Reporting In todays interconnected world, businesses are no longer confined by borders. This is where International Financial Reporting Standards (IFRS) come into play. But what does it really mean to be IFRS-compliant? What is IFRS Compliance? Why is it important?

IFRS 52
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Lower for longer

Simply Treasury

Taking an assured dry loss or preferring an investment with relative positive returns and limited volatility is a real strategic choice to consider. It is not simple or neutral and difficult to sell to an Audit Committee or CFO. Some have already invested in long-term. Isn't it time to completely revisit your investment policy?

IFRS 130
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A Fresh Look at Ongoing ESG and Carbon Accounting Developments

Bramasol

Global ESG Regulatory Requirements One of the major ESG compliance developments to watch is the US Securities and Exchange Commission (SEC) proposed regulation on Climate-Related Disclosures and ESG Investing. IFRS S1 requires companies to communicate the sustainability risks and opportunities they face over the short, medium, and long term.

IFRS 82
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Embracing AI in Finance and Accounting: Balancing Risk and Innovation

CFO Leadership

AI driven automation is expected to extend to more complex tasks such as, audits, risk management, and financial planning and analysis. As AI permeates finance, questions about its compliance with audits and financial governance will arise. For instance, could financial statements generated by ChatGPT withstand audit scrutiny?

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204: Ehsaan Moosa

CFO Talks

Before joining Komatsu, he was a Senior Manager at KPMG in South Africa and he was responsible for several large audit clients. That has been a recurring theme in many of my discussions with CFOs, many accountants move from the auditing side to the commercial world, mostly shortly after they’ve completed their articles.

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Navigating South Africa’s Reporting Maze: What Every CFO Needs to Know

CFO Talks

These include the Companies Act, the Tax Administration Act, the Financial Sector Regulation Act, and the International Financial Reporting Standards (IFRS), among others. These statements must be audited or independently reviewed, depending on the company’s public interest score.

CFO 83
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Why IAS 38 is Hindering South Africa’s Growth: A Call for Change

CFO Talks

Our financial statements reflect a glaring underrepresentation of intangible assets, which signals two worrying possibilities: either we aren’t investing enough in IP, or we’re investing in it but not accounting for it properly. In turn, this discourages investment in innovation, creating a self-fulfilling prophecy of stagnation.