CFO Talks

NOVEMBER 20, 2024

For example, while South African companies follow International Financial Reporting Standards (IFRS), the US requires compliance with its Generally Accepted Accounting Principles (GAAP). IFRS is principles-based and allows for some judgment in financial reporting, while GAAP is more rigid, rules-based, and less forgiving.

IFRS 98

IFRS GAAP Currencies CFO 98

Global Finance

MARCH 2, 2025

The key benefit of Benfords law is that it doesnt matter what kind of firm it ispublic, private, what accounting policies it follows, what currency it operates in, whether its loss-making, whether its a growth company, highly leveraged or no leverage at allmakes absolutely no difference. And its incredibly difficult.

Forecasting 112

Forecasting Auditing Accounting Profit and Loss 112

PYMNTS

FEBRUARY 6, 2020

The ride-hailing giant, extending its platform model into adjacent businesses such as freight and food delivery, is aiming to deliver a profit earlier than might have been anticipated — as in, the end of this year. billion, up more than 70 percent, as measured in constant currency. For Uber , black ink on the road ahead?

Sales 72

Sales Profit and Loss GAAP Transportation 72

PYMNTS

MARCH 7, 2016

Companies are increasingly complex, with feedback coming from global operations, across time zones, languages and currencies. GAAP and international accounting standards, is another boon to efficiency, said Bres. To that end, cloud-based ERP firm FinancialForce, which runs on Salesforce applications.

GAAP 40

GAAP Profit and Loss Invoicing Accounting Standards 40

Musings on Markets

JANUARY 9, 2021

That said, it does mean that any broad conclusions (about profitability and revenues) that emerge from my data apply to public companies, and it may be dangerous to extrapolate to private businesses, especially in a year like 2020 where private businesses could have been affected more adversely by COVID shutdowns than public companies.

Valuation 52

Valuation Currencies Numbers Corporate Finance 52