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Why IAS 38 is Hindering South Africa’s Growth: A Call for Change

CFO Talks

Why IAS 38 is Hindering South Africa’s Growth: A Call for Change In an era where innovation, intellectual property (IP), and intangible assets drive economic success, South Africa finds itself at a critical crossroads. They drive productivity, enhance competitiveness, and provide the foundation for long-term economic growth.

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Chinese Study highlights limitations on IAS 38, accounting for intangible assets

CFO Talks

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.

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TNFD Releases Final Recommendations on Nature-Related Risk Management

Future CFO

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.

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Musings on Markets: Data Update 5 for 2022: The Bottom Line!

CFO News Room

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
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Data Update 5 for 2022: The Bottom Line!

Musings on Markets

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).