Bramasol

JULY 22, 2023

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

IFRS Accounting SAP Compliance 82

CFO Leadership

OCTOBER 10, 2023

As AI permeates finance, questions about its compliance with audits and financial governance will arise. Fine-tuned AI models could assist with complex regulatory requirements, such as those from IFRS, FINRA, and the SEC. SEC filings, GAAP documentation, FASB accounting standards, IFRS standards, PCAOB, FINRA, etc.),

Accounting 95

Accounting Finance Auditing IFRS 95

Bramasol

OCTOBER 26, 2021

From the beginning of any project, we believe that compliance should never be addressed by using ad hoc or limited scope approaches because such short-term thinking invariably results in process inefficiencies, manual offline workarounds, and a lack of forward migration capabilities. Overview of Comply, Optimize, Transform.

SAP 81

SAP IFRS Compliance Treasury 81

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

Bramasol

SEPTEMBER 26, 2022

For example, SAP Revenue Accounting & Reporting (RAR) streamlines and simplifies accounting and reporting of complex revenue streams under ASC 606 / IFRS 15 and SAP Contract & Lease Management (CLM) provides asset management and accounting compliance for ASC 842 / IFRS 16. Implementing Anything-as-a-Service (XaaS).

Transportation 82

Transportation SAP IFRS Compliance 82

Bramasol

JULY 26, 2024

In this episode, we dive into five issues that are at the heart of optimizing Quote-to-Cash to Compliance with SAP Revenue Recognition and subscription management applications, including complex bundling scenarios. Closing and Reporting: How can we shorten our periodic closing cycles while assuring reporting and disclosure compliance?

SAP 80

SAP IFRS GAAP Compliance 80

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.

SAP 77

SAP IFRS Compliance Invoicing 77

Bramasol

AUGUST 29, 2022

The shift from CAPX purchase models to subscription based offerings requires medical device manufacturers to adapt their revenue recognition and reporting systems to assure compliance. How DSE Applies to the Medical Device Sector. to optimize readiness, availability, usage levels, locations, maintenance and remote device management.

SAP 71

SAP IFRS Manufacturing Compliance 71

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.

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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? ISSB was established by the IFRS Foundation in response to the Glasgow COP 26 conference in November 2021. and also identified as one the Five Key Trends to Watch in 2022.

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Accounting SAP Analyzing Data IFRS 76

Bramasol

NOVEMBER 13, 2023

For example, at Bramasol we made a decision over a decade ago to focus on SAP finance solutions for the office of the CFO, with a specific emphasis on the new revenue recognition compliance requirements in ASC 606 and IFRS 15.

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SAP General Ledger IFRS Compliance 73

Bramasol

SEPTEMBER 8, 2024

With a 28 year track record as one of SAP's longest serving partners and the recognized experts in SAP revenue compliance and SAP BRIM/OTC offerings , the Bramasol team has deep experience tailoring SAP solutions to specific client requirements.

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SAP General Ledger Compliance Accounting Standards 59

CFO Talks

JUNE 7, 2022

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. The Steward must ensure company compliance with financial reporting and control requirements. Accounting knowledge (IFRS and taxation). Corporate governance.

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CFO IFRS Risk Management Leadership 52

The Finance Weekly

JANUARY 31, 2022

However, there have been many organizations that have successfully persevered through the challenges posed by the past couple of years, and among the differentiating factors between such businesses is leadership. Leadership across business departments is a foundational element of success. 5 Leadership Competencies for CFOs 1.

Financial Planning and Analysis (FP&A) 52

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

CFO Leadership

OCTOBER 18, 2023

As AI permeates finance, questions about its compliance with audits and financial governance will arise. Fine-tuned AI models could assist with complex regulatory requirements, such as those from IFRS, FINRA, and the SEC. SEC filings, GAAP documentation, FASB accounting standards, IFRS standards, PCAOB, FINRA, etc.),

Accounting 52

Accounting Finance Auditing IFRS 52

Bramasol

DECEMBER 13, 2021

From Bramasol's perspective as a leading SAP partner creating business management, finance, and compliance solutions for over 25 years, here are five major areas that we are watching closely and helping our clients prepare to deal with in the coming year - and beyond.

SAP 52

SAP Compliance Profit and Loss IFRS 52

CFO Talks

DECEMBER 26, 2021

But being in the CFO position, you really need to know the leadership and the strategic position that the company currently has and where we can be in a year, in two years, in five years, in ten years. It’s an incredible story of leadership and courage. These are merely things that you really do need to understand thoroughly.

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Manufacturing CFO Budgeting IFRS 75

Bramasol

JANUARY 27, 2023

In 2018, the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) announced the release of new accounting standards, ASC 842 and IFRS 16, that redefined how organizations must account for leases.

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Compliance IFRS SAP Accounting Standards 80

CFO Talks

JANUARY 27, 2025

Career Evolution: A Non-Traditional Pathway Davids career journey reflects a shift from credit enforcement and finance operations to leadership roles in global organisations. ESG is not just about compliance; it’s a framework for long-term business viability and resilience.

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). My background in audit has really helped me marry internal audit skills with compliance, ensuring that everything we do aligns with country-specific regulations like taxation laws. Nicolaas van Wyk: That’s fascinating!

Finance 97

Finance Auditing CFO Leadership 97

Bramasol

DECEMBER 14, 2023

End-to-End Quote-to-Cash-to-Compliance Processes for DSE When Bramasol first coined the term Digital Solutions Economy (DSE) in May 2021 , we already knew that the challenges of managing new recuring revenue streams involved much more than just focusing on subscriptions at the customer-facing front-end.

Technology 83

Technology SAP IFRS Compliance 83

Bramasol

APRIL 7, 2025

Robust subscription management is always important however, depending on each telco's particular business model, they may need sophisticated processes for building and/or leasing infrastructure, bundling in mobile devices or other equipment, licensing third-party content, and compliance reporting for complex revenue sharing scenarios.

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SAP Leverage Compliance IFRS 58

CFO Talks

MARCH 12, 2025

Stay on Top of Regulatory & Compliance Changes Keeping up with regulatory and compliance changes is crucial in finance. Regularly reviewing IFRS updates, tax laws, and business regulations ensures compliance and minimises risk. Curiosity and openness to new ideas drive continuous growth.

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Finance IFRS Compliance Financial Modeling 52