Bramasol

SEPTEMBER 29, 2023

They are expected to provide financial leadership and insight into the organization's strategic direction. This involves not just managing financial data but also interpreting it to guide decision-making. IFRS S2 sets out specific climate-related disclosures and is designed to be used with IFRS S1. 

IFRS 91

IFRS Technology SAP Compliance 91

Bramasol

JUNE 10, 2022

For example, a company with branches doing business in the United States and the European Union will need to comply with both GAAP and IFRS accounting principles. The account-based approach uses account logic identifiers to assign accounting principles, such as using unique prefixes to determine which accounts use IFRS vs GAAP principles.

Accounting Principles 81

Accounting Principles IFRS SAP Accounting 81

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 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

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 72

SAP IFRS GAAP Compliance 72

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 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). It’s essential to develop leadership, communication, and strategic thinking skills.

Finance 97

Finance Auditing CFO Leadership 97