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. A milestone approach” was authored by Shefei Ma and Weiguo Zhang in 2023.

Accounting 98

Accounting CFO Economics Accounting Standards 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.

Compliance 98

Compliance IFRS Risk Management Finance 98

Future CFO

SEPTEMBER 19, 2023

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. The Taskforce on Nature-related Financial Disclosures on Sept.

Risk Management 52

Risk Management IFRS Pharmaceutical Economics 52

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. Broad-Based Black Economic Empowerment (B-BBEE) Reporting Requirement: The B-BBEE Act requires companies to submit annual reports on their B-BBEE status.

CFO 83

CFO Auditing Compliance IFRS 83

CFO Talks

JANUARY 27, 2025

CFOs must address sustainability challenges while fostering economic development in their contexts. Resilience and Agility: The Future for CFOs David concluded with advice on navigating geopolitical tensions and economic changes, stressing the need for resilience and agility. And then you can see the all the countries that contribute.

CFO 52

CFO Auditing IFRS Accounting 52

Simply Treasury

SEPTEMBER 9, 2020

However, CFF’s ought to be consolidated (in IFRS format) at least quarterly, with a monthly review, with forecasts going forward to at least the end of the current financial year and with a subsequent review to explain the variances and to instil forecasting discipline. For many, CFFs are simply a sort of budget revision exercise.

Cash Flow Forecasting 130

Cash Flow Forecasting Forecasting Treasury Budgeting 130

CFO Talks

SEPTEMBER 26, 2024

Broad-Based Black Economic Empowerment (B-BBEE): B-BBEE encourages economic transformation by promoting black-owned businesses through scorecard compliance and sector-specific charters. For SMEs, the IFRS for SMEs standard simplifies reporting but still requires thorough understanding and application.

IFRS 52

IFRS Compliance Auditing Financial Reporting 52

CFO Talks

MARCH 2, 2023

You’ve got to have those business acumen skills, it’s not only about being a CA or knowing the IFRS textbook or your technical abilities, you’ve got to be able to broaden your horizon and have those key acumen skills as a modern day accountant. What are the biggest challenges that you face in your job right now?

Auditing 98

Auditing CFO IFRS Construction 98

CFO News Room

JANUARY 18, 2023

The last few years have been eventful for all companies, with the COVID crisis and ensuing economic shut down causing pain for companies, with recovery coming in 2021, as the global economy opened up again. IFRS and GAAP now treat as leases as debt, but that is still not the case in many other markets that are not covered by either standard).

Marketing 130

Marketing Hurdle Rate Investments Accounting 130

CFO Talks

AUGUST 21, 2024

Economic shifts, new regulations, and technological changes constantly test your ability to keep your company financially stable. Economic Instability and Inflation Control Challenge: Economic instability, especially in emerging markets like South Africa, can greatly affect corporate finance.

Corporate Finance 52

Corporate Finance Finance Cash Flow Forecasting IFRS 52

Planful

JULY 5, 2016

However, the revenue recognition guidance offered under US GAAP vs. IFRS has differed and was in need of improvement. In May of 2014 , the two bodies issued their converged guidance under ASC 606 and IFRS 15. As a result, different industries use different accounting for economically similar transactions.

Budgeting 40

Budgeting IFRS Planning GAAP 40

Musings on Markets

FEBRUARY 27, 2022

The last few years have been eventful for all companies, with the COVID crisis and ensuing economic shut down causing pain for companies, with recovery coming in 2021, as the global economy opened up again. IFRS and GAAP now treat as leases as debt, but that is still not the case in many other markets that are not covered by either standard).

Hurdle Rate 98

Hurdle Rate Investments Accounting Entertainment 98

Future CFO

NOVEMBER 2, 2020

Tax rates, policies and subsidies can also differ depending on whether a location is in a free trade zone, a special economic zone, or a hi-tech industrial development zone, TMF Group noted. However, APAC and EMEA take a much more localised approach.

Compliance 40

Compliance IFRS GAAP Accounting Principles 40

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.

Finance 52

Finance SAP Auditing IFRS 52

Future CFO

MAY 15, 2023

This notion is reinforced by the World Uncertainty Index (see Figure 1 below), which measures the level of global uncertainty across a variety of economic, social, and political factors. In today's world, one thing is certain – uncertainty. Source: worlduncertaintyindex.com Figure 1: World Uncertainty Index Context setting: Why inflation?

IFRS 52

IFRS SAP Accounts Payable Compliance 52

CFO Talks

JUNE 8, 2022

SAIBA CFO, Nicolaas van Wyk explains that currently, “the CFO is focusing on three reporting areas, the traditional IFRS, then secondly, business efficiencies, and then because of the difficult economic circumstances we are in, the only way that you can still maintain the bottom line is through better efficiencies.

CFO 52

CFO IFRS Education Auditing 52

CFO Talks

SEPTEMBER 13, 2024

A big part of our work is ensuring compliance with International Financial Reporting Standards (IFRS). Your insights into the role of a CFO, the Public Service Pension Fund, and the broader economic environment in Eswatini have been incredibly valuable. I’ve learned a lot, and I’m sure our listeners have too.

Finance 97

Finance Auditing CFO Leadership 97

Jedox Finance

JULY 11, 2023

5 Other sustainability reporting initiatives in development include those of the International Sustainability Standards Board (ISSB), developed by the International Financial Reporting Standards (IFRS) Foundation.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance Profit and Loss Compliance 52

Musings on Markets

OCTOBER 19, 2021

Using the words of IFRS (1.7), ‘ Information is material if omitting, misstating or obscuring it could reasonably be expected to influence decisions that the primary users of general purpose financial statements make on the basis of those financial statements, which provide financial information about a specific reporting entity ’.

Profit and Loss 93

Profit and Loss Accounting Numbers Valuation 93

CFO Talks

MARCH 31, 2022

Give us a sense of business and economic conditions in Nigeria at the moment. Unfortunately, that slowed down economic activity because people couldn’t get around. Initially I was thinking about economics but then I changed my mind. It’s been fun, it’s a lot of work but it’s been fun.

CFO 40

CFO Finance Accounting IFRS 40

Musings on Markets

JULY 14, 2021

In the years since, disclosure requirements have changed and expanded, with companies in foreign markets creating their own rules in IFRS (International Financial Reporting Standards), with many commonalities and a few differences from GAAP.

GAAP 52

GAAP Forecasting Accounting Numbers 52

Musings on Markets

JANUARY 9, 2021

For instance, I have always computed the present value of lease commitments in future years and treated that value as debt, a practice that IFRS and GAAP have adopted in 2019, but that computation requires explicit disclosures of lease commitments in future years.

Valuation 52

Valuation Currencies Numbers Corporate Finance 52

CFO Talks

DECEMBER 26, 2021

So that you will eventually have the CFO focusing on three reporting areas, the traditional IFRS, then secondly, business efficiencies, and then because of the difficult economic circumstances we are in, the only way that you can still maintain the bottom line is through better efficiencies. The last one is then climate change.

CFO 40

CFO Profit and Loss Finance Accounting 40

CFO Talks

OCTOBER 1, 2024

Key Topics Discussed: Intangible Assets and Economic Growth: The significance of intangible assets such as software, data, intellectual property, and brand value in boosting productivity worldwide. The impact of intangible assets on long-term productivity and economic growth in South Africa. IFRS, US GAAP).

Leverage 52

Leverage Investments Economics Accounting 52

Musings on Markets

FEBRUARY 23, 2025

It was only in 2019 that the accounting rule-writers (IFRS and GAAP) finally did the right thing, albeit with a myriad of rules and exceptions. The key test for companies will remain the economy, and the question of whether firms have over borrowed will be a global economic slowdown or recession.

Hurdle Rate 75

Hurdle Rate Marketing Investments IFRS 75

CFO Talks

MARCH 12, 2025

Regularly reviewing IFRS updates, tax laws, and business regulations ensures compliance and minimises risk. Exploring learning beyond finance, such as behavioural economics and leadership skills, also enhances overall decision-making ability. Curiosity and openness to new ideas drive continuous growth.

Finance 52

Finance IFRS Compliance Financial Modeling 52

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 82

Technology SAP IFRS Compliance 82