article thumbnail

Embracing AI in Finance and Accounting: Balancing Risk and Innovation

CFO Leadership

This makes them versatile tools in various fields such as education, customer service, and even creative writing. 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.),

article thumbnail

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

CFO Talks

Similarly the South African Financial Reporting Standards Council (FRSC) has adopted a blanked adoption approach to IFRS and IAS with very little effort to consider if the standards will contribute to local economic growth and employment. The Road Ahead: South Africa Must Value Its Innovation South Africa is at a turning point.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Stronger momentum needed for sustainable financing in Southeast Asia

Future CFO

Lim says this gap can be attributed to several factors, including the need for more robust policy frameworks, consistently adopted taxonomies, greater awareness and education on corporate sustainability, and the demand for innovative sustainable financing solutions tailored to the diverse needs of businesses across Southeast Asia.

Finance 52
article thumbnail

Unveiling the 7th Annual CFO Africa: A Showcase of Financial Leadership and Innovation 

CFO Talks

Nicolaas emphasized CIBA’s role in supporting CFOs and finance professionals through education, resources, and a strong professional network. Key Highlights Dr. Suresh Kana’s Session : Dr. Kana discussed new developments around IFRS S1 and S2, focusing on sustainability-related disclosures.

article thumbnail

It’s crunch time for CFOs when it comes to ESG reporting

CFO Talks

In an interview with CFOTalks , Daniel Raubenheimer, CFO at USA-based Silon, explains that the new ISSB standards create a bridge between IFRS accounting standards and sustainability disclosure standards. Local standardisation efforts are underway. You may want to consider ESG training. .

IFRS 52
article thumbnail

TEST Embracing AI in Finance and Accounting: Balancing Risk and Innovation

CFO Leadership

This makes them versatile tools in various fields such as education, customer service, and even creative writing. 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.),

article thumbnail

Building Robust IT Systems for Financial Reporting

CFO Talks

A tech startup might start with basic financial software, but as it scales and perhaps looks for external investment, the CFO will need systems that support more detailed and sophisticated financial reporting, such as investor reporting and compliance with IFRS standards.