Future CFO

JANUARY 20, 2025

Financial reporting specialist and lecturer Adam Deller explains the basic principles of IFRS 9, Financial Instruments. The post The fundamentals of IFRS 9 appeared first on FutureCFO. First published on Youtube.

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IFRS Financial Reporting Accounting 52

Future CFO

FEBRUARY 5, 2025

Financial reporting specialist and lecturer Adam Deller explains the basic principles of IFRS 13, Fair Value Measurement. The post The fundamentals of IFRS 13 appeared first on FutureCFO. First published in Youtube.

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IFRS Financial Reporting 52

CFO Talks

MARCH 5, 2025

Keep track of reporting deadlines Use a compliance calendar so you never miss a submission. Follow standard accounting rules In most industries, this means using IFRS (International Financial Reporting Standards) or IFRS for SME (International Financial Reporting Standard for Small and Medium-sized Entities) to prepare financial statements.

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Future CFO

JUNE 27, 2022

Financial reporting specialist and lecturer Adam Deller explains the basic principles of IFRS 8, Operating Segments. The post The fundamentals of IFRS 8 appeared first on FutureCFO.

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IFRS Financial Reporting Accounting Standards Accounting 52

Future CFO

NOVEMBER 27, 2023

The Financial Reporting Council (FRC) calls for IFRS 17 disclosures improvements in its recently published IFRS 17 'Insurance Contracts' thematic review. The IFRS 17 disclosures improvements that FR C expects include the following.

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IFRS Accounting Standards Performance Measuring Reconciliations 52

Future CFO

FEBRUARY 7, 2023

IFRS 17 will change insurers' reported earnings and equity as it alters their profit recognition patterns and measurement of liabilities, while not directly affecting insurers' creditworthiness, said Moody's recently. The new insurance reporting standard has been taken effect since January 2023.

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IFRS Accounting Economics Financial Reporting 52

Bramasol

SEPTEMBER 29, 2023

Driven by sweeping changes such as digital transformation, globalization of markets, the subscription-based Digital Solutions Economy™ (DSE), carbon-accounting mandates, a rising emphasis on artificial intelligence, and other disruptive trends, the role of Chief Financial Officer (CFO) is undergoing radical transformation too.

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Technology IFRS SAP Compliance 89

CFO Talks

SEPTEMBER 17, 2024

Building Robust IT Systems for Financial Reporting As financial operations become increasingly complex, having the right IT infrastructure in place is no longer just a back-office necessity—it’s a strategic advantage. This allows for smooth data flow and eliminates duplication or manual data entry errors.

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Financial Reporting Auditing Compliance CFO 52

CFO Talks

AUGUST 28, 2024

Navigating South Africa’s Reporting Maze: What Every CFO Needs to Know Navigating the complex landscape of regulatory reporting in South Africa can be daunting, especially for CFOs who bear the responsibility of ensuring compliance while also driving strategic financial decisions.

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CFO Auditing Compliance IFRS 83

Future CFO

AUGUST 15, 2021

Financial reporting specialist and lecturer Adam Deller explains the basic principles of IFRS 2, “Share-based Payment”, in this short video. The post The fundamentals of IFRS 2 appeared first on FutureCFO.

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IFRS Financial Reporting Accounting Finance 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. What is financial reporting software?

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Financial Reporting Financial Planning and Analysis (FP&A) Accounting Standards CFO 52

CFO Talks

OCTOBER 2, 2024

The research “How to improve IFRS for intangible assets? This study provides some key insights that are highly relevant to our discussions and podcasts at the CFO Club on how South Africa can improve its treatment of intangible assets to foster economic growth. How CIBA and the CFO Club Can Assist CFOs 1.

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Accounting CFO Economics Accounting Standards 98

Future CFO

FEBRUARY 11, 2020

South Korea life insurance firm Kyobo Life has implemented a high-performance computing platform for IFRS 17 and K-ICS financial reporting compliance, said AON recently. The post IFRS 17: South Korean insurer implements a computing platform for compliance appeared first on FutureCFO.

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Future CFO

JANUARY 21, 2020

At its October 2019 meeting, the IASB made progress in phase two of its project to amend IFRS in response to the financial reporting challenges posed by IBOR reform. The post Global IFRS IBOR reform: Phase 2 Classification and Measurement issues appeared first on FutureCFO.

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IFRS Financial Reporting Accounting Finance 40

CFO Talks

SEPTEMBER 5, 2024

Designing Effective Financial Information Systems: A Guide for South African CFOs In the ever-changing financial landscape, the strength of your financial information system (FIS) plays an important role in determining your organisation’s success.

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CFO Talks

JUNE 7, 2022

Due to this unique position, we need to ensure that the Finance Executive that earns our acclaimed CFO(SA) designation , is ready for the future of finance. In developing the CFO(SA) designation, we identified 34 competencies and four pillars that the Modern CFO needs to fulfill to excel in their leadership position.

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CFO IFRS Risk Management Leadership 52

CFO Leadership

OCTOBER 10, 2023

AI coupled with The Digitization of the Finance Function create powerful levers for today’s CFO. For instance, could financial statements generated by ChatGPT withstand audit scrutiny? Whether ChatGPT applications could pass a SOC-1 audit, a crucial certification for control over financial reporting, remains to be seen.

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CFO Talks

SEPTEMBER 30, 2024

Similarly the South African Financial Reporting Standards Council (FRSC) has adopted a blanked adoption approach to IFRS and IAS with very little effort to consider if the standards will contribute to local economic growth and employment. The future of South Africa’s economy depends on it.

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Accounting Standards Economics IFRS Auditing 98

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.

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Future CFO

APRIL 18, 2022

It enables finance teams to automate and accelerate the financial close with minimal IT support. 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.

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Finance IFRS GAAP Accounting Principles 52

CFO Talks

SEPTEMBER 26, 2024

These include tax laws, financial reporting standards, labor laws, industry-specific regulations, and corporate governance codes. Complex Reporting Standards: Adhering to both International Financial Reporting Standards (IFRS) and local regulations can complicate financial reporting.

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IFRS Compliance Auditing Financial Reporting 52

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.

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Finance IFRS Quantitative Data Communication 59

CFO Talks

AUGUST 21, 2024

Anticipating Financial Challenges: Strategic Measures for Corporate Finance As a CFO in South Africa or elsewhere in Africa, you’re no stranger to the financial hurdles that come your way. Economic shifts, new regulations, and technological changes constantly test your ability to keep your company financially stable.

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Corporate Finance Finance Cash Flow Forecasting IFRS 52

Future CFO

SEPTEMBER 19, 2023

The Taskforce on Nature-related Financial Disclosures on Sept. 18 released its final recommendations on nature-related risk management and disclosure, aligned with existing Global Reporting Initiative (GRI) and International Financial Reporting Standards (IFRS) and Kunming-Montreal Biodiversity Framework requirements.

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Risk Management IFRS Pharmaceutical Economics 52

Future CFO

AUGUST 16, 2022

The ISSB, formed by the International Financial Reporting Standards ( IFRS ) Foundation after last year’s UN climate change conference, COP26, published two exposure drafts (EDs) in March 2022 for comment — one on general requirements and a second on climate disclosures. “We

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IFRS Accounting Compliance Marketing 52

The Charity CFO

JANUARY 19, 2023

There are ongoing efforts to establish International Financial Reporting Standards (IFRS) for nonprofits, which, if successful, could result in greater consistency and comparability of financial information across countries. Help protect against fraud, embezzlement, and mismanagement of assets and resources.

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The Finance Weekly

MARCH 28, 2022

What's behind it, and why should CFOs and finance leaders care about it? Continue reading to learn what ESG reporting is, what's new with ESG reporting standards, why Finance teams should care, and the five benefits of aligning ESG and financial reporting.

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Finance Auditing Accounting Standards IFRS 52

CFO Leadership

OCTOBER 18, 2023

AI coupled with The Digitization of the Finance Function create powerful levers for today’s CFO. For instance, could financial statements generated by ChatGPT withstand audit scrutiny? Whether ChatGPT applications could pass a SOC-1 audit, a crucial certification for control over financial reporting, remains to be seen.

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Accounting Finance Auditing IFRS 52

Future CFO

FEBRUARY 1, 2024

Hasenoehrl adds that organisations must take the new International Financial Reporting Standards (IFRS) S1 and S2, which will be used in many countries as the accounting foundation for ESG reporting.

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Finance SAP Auditing IFRS 52

Future CFO

MAY 1, 2024

As the person responsible for preparing an organisation’s financial reports, which include balance sheets and income statements, the role of a finance controller is anything but ordinary.

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Leadership IFRS Finance Communication 98

Future CFO

MAY 16, 2024

"It needs to be underpinned by consistent disclosures and monitoring that is aligned with existing climate-related disclosure standards such as International Financial Reporting Standards (IFRS) S2 Climate-related Disclosures."

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Finance IFRS Construction Education 52

The Finance Weekly

JANUARY 31, 2022

You need to develop these various competencies and understand what they mean in a volatile corporate environment rife with , technological innovations if you wish to maximize your performance as a CFO. 5 Leadership Competencies for CFOs 1. Personal leadership (incl. personal branding and emotional intelligence).

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Financial Planning and Analysis (FP&A) Leadership IFRS Budgeting 52

Planful

JUNE 22, 2017

Consolidating the data following specific financial accounting rules and guidelines, such as U.S. GAAP or International Financial Reporting Standards (IFRS). Reporting results to internal and external stakeholders.

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Accounting General Ledger IFRS Accounting Principles 40

Future CFO

MARCH 5, 2024

The path forward to action The report cites three critical actions that companies should consider taking to support the global climate agenda: Mindset shift from burden to action: In the best performing companies, disclosure data is used to drive action.

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IFRS Compliance Leverage Transportation 52

Future CFO

NOVEMBER 2, 2020

Many jurisdictions are moving towards international accounting standards such as International Financial Reporting Standards (IFRS) and US Generally Accepted Accounting Principles (GAAP).

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Compliance IFRS GAAP Accounting Principles 40

Michigan CFO

MARCH 21, 2023

Having accurate and timely financial reports prepared before listing your business for sale is a sensible way to alleviate potential headaches once a deal closes. Financial consultants specializing in business sales can help prepare your financial records to maximize goodwill asset value.

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Valuation CFO Sales IFRS 40

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. Why is this important for CFOs? IFRS, US GAAP). I would love to hear your thoughts on this.

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