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 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. This allows for smooth data flow and eliminates duplication or manual data entry errors.

Financial Reporting 52

Financial Reporting Auditing IFRS CFO 52

CFO Talks

AUGUST 21, 2024

Practical Example: A South African manufacturing company, expecting a possible rise in inflation, bought its raw materials in advance. Following local tax laws, international financial reporting standards (IFRS), and other rules is essential but challenging.

Corporate Finance 52

Corporate Finance Finance Cash Flow Forecasting IFRS 52

CFO Talks

SEPTEMBER 13, 2024

While based in Bologna, we’ll visit car manufacturers like Ferrari, Lamborghini, and Ducati as part of a mini-MBA program. Past tours have led to real business deals, such as when one of our members signed a distribution agreement with a Mexican car parts manufacturer. There will also be trips to Florence, Venice, and possibly Milan.

Finance 97

Finance Auditing CFO Leadership 97

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

Between 1897 and 1905, for instance, Westinghouse Electric & Manufacturing neither published an annual report, not held a shareholder meeting. I valued my first company in 1981, using an annual report as the basis for financial data, but my usage of 10-Ks did not begin until the 1990s.

GAAP 52

GAAP Forecasting Accounting Numbers 52