Bramasol

SEPTEMBER 29, 2023

The other is the International Accounting Standards Board (IASB), whose rules for financial reporting are known as International Financial Reporting Standards (IFRS). IFRS S1 requires companies to communicate the sustainability risks and opportunities they face over the short, medium, and long term.

Technology 89

Technology IFRS SAP Compliance 89

Future CFO

JULY 3, 2024

The balance sheet, income statement, cash flows and stockholder equity have traditionally communicated how — and how much — companies create value. These companies use annual environmental, social, and governance scorecard metrics and weighted modifiers to clearly communicate to stakeholders that executives must deliver on results.

Finance 59

Finance IFRS Quantitative Data Communication 59

Bramasol

JULY 26, 2024

Within the Five-Step model, Step 4 of ASC 606 and IFRS 15 requires an allocation of the total consideration in a contract, which your company is entitled to collect for each distinct performance obligation. Standalone Selling Price: What is SSP, why is it needed, and how is it determined?

SAP 80

SAP IFRS GAAP Compliance 80

Bramasol

AUGUST 29, 2022

The factors that make a relationship like this work are open communication of utilization and outcomes, willingness to share responsibility for quality improvements in products and hospital procedures, and an approach to product and service efficacy—not just a price-based mentality.".

SAP 71

SAP IFRS Manufacturing Compliance 71

CFO Talks

AUGUST 28, 2024

These include the Companies Act, the Tax Administration Act, the Financial Sector Regulation Act, and the International Financial Reporting Standards (IFRS), among others. Regular communication with auditors and financial teams is essential to avoid last-minute complications.

CFO 83

CFO Auditing Compliance IFRS 83

Future CFO

MAY 1, 2024

Unlike IFRS standards that are well-structured and finance practices that allow flexibility based on internal business needs, changing regulatory guidelines has caused ambiguity and anxiety due to the very fluid and subjective interpretations that can lead to material dollar spend for the company.”

Leadership 98

Leadership IFRS Finance Communication 98

PYMNTS

DECEMBER 16, 2016

The move to embrace automation, said Krumwiede, represents a “slow evolution,” with inefficiencies still extant as there must be communication between departments and data must be compiled and formatted in the practice of reconciliation. But technological advances mean that there can be better integration between the two, he said.

IFRS 74

IFRS Reconciliations GAAP Accounting Standards 74

CFO Leadership

OCTOBER 10, 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. Fine-tuned AI models could assist with complex regulatory requirements, such as those from IFRS, FINRA, and the SEC.

Accounting 95

Accounting Finance Auditing IFRS 95

Bramasol

NOVEMBER 8, 2021

However, for the past couple of decades, ESG has typically consisted of producing an annual glossy Corporate Responsibility Report that discussed various initiatives in descriptive terms across areas such as energy usage, waste stream mitigation, labor practices, community programs, charitable giving, etc.

Compliance 77

Compliance Accounting SAP IFRS 77

CFO Talks

SEPTEMBER 26, 2024

Complex Reporting Standards: Adhering to both International Financial Reporting Standards (IFRS) and local regulations can complicate financial reporting. For SMEs, the IFRS for SMEs standard simplifies reporting but still requires thorough understanding and application.

IFRS 52

IFRS Compliance Auditing Financial Reporting 52

Future CFO

FEBRUARY 1, 2024

Businesses can then calculate product and corporate carbon footprints, transparently communicate, and comprehensively report auditable sustainability data to their key stakeholders. Hasenoehrl points out that this can be supplemented by capturing data such as carbon emissions reliably, at source.

Finance 52

Finance SAP Auditing IFRS 52

CFO Share

NOVEMBER 15, 2023

An audit evaluates: Compliance with accounting standards (GAAP or IFRS.) This will include auditor recommendations but also audit-process issues like communication, file sharing, and general project management. What Do Financial Auditors Look For? The validity and accuracy of financial transactions and records. What did not go well?

Auditing 52

Auditing IFRS GAAP Invoicing 52

CFO Talks

JUNE 7, 2022

Accounting knowledge (IFRS and taxation). Communication/ presentation skills and executive presence. Information quality and control rationalisation are top-of-mind issues for the Steward. Competencies include: Working knowledge of risk management, budget, and forecasting tools. Investment and credit risk knowledge. Negotiation.

CFO 52

CFO IFRS Risk Management Leadership 52

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. Fine-tuned AI models could assist with complex regulatory requirements, such as those from IFRS, FINRA, and the SEC.

Accounting 52

Accounting Finance Auditing IFRS 52

CFO News Room

JANUARY 18, 2023

Real estate and utilities are the two sectors that have not come back fully from the COVID effect, but materials, technology and communication services are now reporting significantly higher earnings that before the shut down. The numbers yield interesting insights. .

Marketing 130

Marketing Hurdle Rate Investments Accounting 130

The Finance Weekly

JANUARY 31, 2022

To execute and bring results, an FP&A leader must be able to influence and lead others by having strong networking skills, close collaboration with colleagues, coordination & effective communication with non-finance business functions and all stakeholders and ability to lead the enterprise in times of crisis.

Financial Planning and Analysis (FP&A) 52

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

Musings on Markets

FEBRUARY 27, 2022

Real estate and utilities are the two sectors that have not come back fully from the COVID effect, but materials, technology and communication services are now reporting significantly higher earnings that before the shut down. The numbers yield interesting insights.

Hurdle Rate 99

Hurdle Rate Investments Accounting Entertainment 99

Planful

SEPTEMBER 6, 2021

Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS)-compliant, so you can focus on what matters—telling your company’s financial story. Planful allows you to tag collaborators within the platform, so you can communicate and collaborate asynchronously.

Financial Reporting 40

Financial Reporting Valuation IFRS GAAP 40

Bramasol

DECEMBER 13, 2021

They also need to address compliance requirements such as revenue reporting under ASC 606 and IFRS 15, which are still required but can be more complex for DSE business models.

SAP 52

SAP Compliance Profit and Loss IFRS 52

Musings on Markets

OCTOBER 6, 2023

With each decade, you can see the effect of regional and sector performance in the previous decade; the 1990 list is dominated by Japanese stocks, reflecting the rise of Japanese equities in the 1980s, and the 2000 list by technology and communication companies, benefiting from the dot-com boom.

Valuation 126

Valuation Profit and Loss Accounting Investments 126

CFO Talks

MARCH 31, 2022

Tell us about your viewpoint about that and what are these skills that the CFO is expected to know, research shows that these are softer skills like communication, strategy, team leadership and that kind of thing. What’s your view on that?

CFO 40

CFO Finance Accounting IFRS 40

Onplan

NOVEMBER 30, 2022

Instead of reaching out to your marketing, sales, and other departments for data inputs, and spreading your communication across various channels and sources, you can reach instant and total alignment. Automated reporting also enforces compliance with GAAP and IFRS standards. Cube is probably best used by tech-savvy companies.

Financial Planning and Analysis (FP&A) 52

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

CFO Talks

JANUARY 27, 2025

Stakeholder Engagement: Effectively communicating ESG efforts to investors, regulators, and other stakeholders is crucial for building trust and securing support. I once did a analysis of the IFRS Foundation’s budget. And then you can see the all the countries that contribute. And then Africa is not really featuring.

CFO 52

CFO Auditing IFRS Accounting 52

CFO Talks

SEPTEMBER 13, 2024

A big part of our work is ensuring compliance with International Financial Reporting Standards (IFRS). It’s essential to develop leadership, communication, and strategic thinking skills. In your experience, how important is it for CFOs to have strong leadership and communication skills, in addition to their financial expertise?

Finance 97

Finance Auditing CFO Leadership 97

Bramasol

DECEMBER 14, 2023

According to the IFRS, "IFRS S1 and IFRS S2 are built on and consolidate the TCFD recommendations , SASB Standards , CDSB Framework , Integrated Reporting Framework and World Economic Forum metrics to streamline sustainability disclosures. 

Technology 83

Technology SAP IFRS Compliance 83