CFO Leadership

OCTOBER 10, 2023

System and Organization Controls (SOC) reports are critical components in the controls infrastructures of any company relying on third party systems and applications in the production of financial data and reports. Fine-tuned AI models could assist with complex regulatory requirements, such as those from IFRS, FINRA, and the SEC.

Accounting 95

Accounting Finance Auditing IFRS 95

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. Regular communication with auditors and financial teams is essential to avoid last-minute complications.

CFO 83

CFO Auditing Compliance IFRS 83

CFO Talks

SEPTEMBER 5, 2024

Ensuring Data Integration In today’s interconnected world, your FIS must seamlessly integrate with other business systems, such as Enterprise Resource Planning (ERP), Customer Relationship Management (CRM), and Human Resources (HR) systems. Regular updates to the system to reflect changes in these regulations are also crucial.

IFRS 98

IFRS GAAP Compliance Reconciliations 98

Bramasol

JULY 26, 2024

Within the Five-Step model, Step 4 of ASC 606 and IFRS 15 requires an allocation of the total consideration in a contract, which your company is entitled to collect for each distinct performance obligation. Manual Processes: Reliance on manual data entry and spreadsheet-based reconciliations can be time-consuming and error-prone.

SAP 80

SAP IFRS GAAP Compliance 80

Future CFO

FEBRUARY 1, 2024

"It is absolutely critical businesses implement an accounting and reporting system for their ESG data that is as auditable, transparent, and reliable as their financial data accounting," Hasenoehrl says, "2024 is the year we have to start treating enterprise carbon data the same way we treat financial data."

Finance 52

Finance SAP Auditing IFRS 52

CFO Talks

SEPTEMBER 17, 2024

Building Robust IT Systems for Financial Reporting As financial operations become increasingly complex, having the right IT infrastructure in place is no longer just a back-office necessity—it’s a strategic advantage. Cloud-Based Solutions: Cloud technology allows CFOs and their teams to access financial data anytime, anywhere.

Financial Reporting 52

Financial Reporting Auditing Compliance CFO 52

CFO Leadership

OCTOBER 18, 2023

System and Organization Controls (SOC) reports are critical components in the controls infrastructures of any company relying on third party systems and applications in the production of financial data and reports. Fine-tuned AI models could assist with complex regulatory requirements, such as those from IFRS, FINRA, and the SEC.

Accounting 52

Accounting Finance Auditing IFRS 52

CFO Talks

AUGUST 21, 2024

Following local tax laws, international financial reporting standards (IFRS), and other rules is essential but challenging. Staying informed about upcoming changes allows for proactive adjustments in financial reporting and tax planning.

Corporate Finance 52

Corporate Finance Finance Cash Flow Forecasting IFRS 52

Spreadym

AUGUST 10, 2023

What is financial reporting software? Financial reporting software refers to specialized tools or applications designed to help organizations generate, manage, and present their financial data in a clear and organized manner. Exporting and Sharing: The ability to export reports in various formats (PDF, Excel, etc.)

Financial Reporting 52

Financial Reporting Financial Planning and Analysis (FP&A) Accounting Standards CFO 52

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

The Finance Weekly

JUNE 17, 2024

ML-Driven Planning Projections – It examine historical data to provide an accurate starting point for planning and budgeting cycles. Speed and Confidence – Projections utilize advanced, proprietary algorithms specifically designed for financial data, enabling quicker and more confident decision-making.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Planning Budgeting Forecasting 52

Bramasol

DECEMBER 13, 2021

They also need to address compliance requirements such as revenue reporting under ASC 606 and IFRS 15, which are still required but can be more complex for DSE business models. Sales – streamlining of sales master data, sales contract management, sales order processing, billing, invoicing, claims, returns, refunds, and sales forecasting.

SAP 52

SAP Compliance Profit and Loss IFRS 52

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

CFO Talks

SEPTEMBER 13, 2024

We develop financial strategies, direct the finance team, liaise with auditors and regulators, and produce annual financial statements. A big part of our work is ensuring compliance with International Financial Reporting Standards (IFRS). A CFO, on the other hand, takes a much broader view.

Finance 97

Finance Auditing CFO Leadership 97

Bramasol

APRIL 7, 2025

Better Accounting Compliance: Cloud-based ERP systems ensure accurate financial reporting, adherence to tax laws, and audit readiness. IFRS or GAAP) becomes easier, and financial data can be tracked and reported in real-time. Compliance with local and international standards (e.g.,

SAP 58

SAP Leverage Compliance IFRS 58

CFO Talks

MARCH 12, 2025

Following updates from CIBA and regulatory authorities helps professionals understand changes in financial laws, tax rules, and accounting standards. Regularly reviewing IFRS updates, tax laws, and business regulations ensures compliance and minimises risk.

Finance 52

Finance IFRS Compliance Financial Modeling 52