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Navigating IFRS, Key Updates and Changes

CFO Talks

Navigating IFRS , Key Updates and Changes Introduction In today’s fast-paced financial world, staying up to date with the latest International Financial Reporting Standards (IFRS) is critical for CFOs. IFRS 16 Leases: Impact on Balance Sheets IFRS 16 has changed the way leases are recorded on balance sheets.

IFRS 52
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Delivering value beyond compliance with ESG reporting

Future CFO

“Depending on an organisation’s environmental/social footprint, an ESG team or dedicated senior member is generally appointed to ensure that the organisation’s enterprise risk management adapts to the regulatory landscape,” he continues. This will improve consistency and comparability amongst organisations.

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IFRS 17: South Korean insurer implements a computing platform for compliance

Future CFO

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.

IFRS 40
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Unifying Operational Accounting and Compliance Accounting in the Office of the CFO

Bramasol

Operational Accounting vs Compliance Accounting One useful way to sort out the accounting landscape is to consider the differences between "operational" and "compliance" accounting responsibilities. Compliance Accounting is more focused on areas such as revenue recognition, closing processes, disclosure reporting, ESG compliance, etc.

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

CFO Talks

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.

CFO 83
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Parallel Accounting is a Key Tool for Global Companies with Multiple Reporting Requirements

Bramasol

One important side effect of the ongoing trend toward globalization is the need to comply with a range of different accounting principles as well as with disparate reporting and compliance mandates. Treasury and Risk Management (TRM). Asset Accounting (FI-AA). Controlling (CO). Inventory Accounting (MM and ML).

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Latest Updates and Insights on SAP RISE and GROW

Bramasol

Instead, the Comply, Optimize, Transform approach inherently keeps the future in mind by emphasizing integration of compliance solutions within the overall business operations, while also laying the groundwork for future transformation.

SAP 59