Future CFO

JUNE 12, 2024

He adds that the accelerating implementation is fuelled not only by stakeholder expectations to make a positive impact on the environment but also through financing mechanisms to drive change such as sustainable investing and financing. This will improve consistency and comparability amongst organisations.

Compliance 98

Compliance IFRS Risk Management Finance 98

Spreadym

AUGUST 10, 2023

When choosing the best financial reporting software solution, it's important to consider factors such as ease of use, scalability, integration with existing systems, compliance with accounting standards, cost, customer support, and any unique requirements your organization might have. What is financial reporting software?

Financial Reporting 52

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

CFO Talks

SEPTEMBER 30, 2024

Our financial statements reflect a glaring underrepresentation of intangible assets, which signals two worrying possibilities: either we aren’t investing enough in IP, or we’re investing in it but not accounting for it properly. Investors, both local and international, rely on financial statements to make decisions.

Accounting Standards 98

Accounting Standards Economics IFRS Auditing 98

Future CFO

JULY 3, 2024

Reporting is no longer just about providing quarterly financial performance. These new requirements have made nonfinancial disclosures a part of business and the long-term investment thesis. A common initial barrier is agreement on what is material in the context of sustainability reporting.

Finance 59

Finance IFRS Quantitative Data Communication 59

CFO Talks

AUGUST 28, 2024

Understanding the Regulatory Framework South Africa’s regulatory environment is governed by a myriad of laws and standards that mandate specific reporting obligations. These include the Companies Act, the Tax Administration Act, the Financial Sector Regulation Act, and the International Financial Reporting Standards (IFRS), among others.

CFO 83

CFO Auditing Compliance IFRS 83

PYMNTS

JUNE 10, 2019

“The Committee believes that the accounting model for cryptocurrency that has an active market, and is held by an entity as a medium of exchange or investment, should be generally aligned with that for a foreign currency.” GAAP,” the letter stated.

Accounting 51

Accounting IFRS GAAP Accounting Standards 51

CFO Talks

SEPTEMBER 26, 2024

These include tax laws, financial reporting standards, labor laws, industry-specific regulations, and corporate governance codes. Pension Funds Act: Regulates the management of pension funds in South Africa, ensuring that funds are properly administered and that contributions are invested prudently.

IFRS 52

IFRS Compliance Auditing Financial Reporting 52

CFO Leadership

OCTOBER 10, 2023

For instance, could financial statements generated by ChatGPT withstand audit scrutiny? Whether ChatGPT applications could pass a SOC-1 audit, a crucial certification for control over financial reporting, remains to be seen. Companies like Google and Amazon are investing heavily in AI R&D to customize models for their needs.

Accounting 95

Accounting Finance Auditing IFRS 95

Future CFO

MAY 1, 2024

As the person responsible for preparing an organisation’s financial reports, which include balance sheets and income statements, the role of a finance controller is anything but ordinary. A controller is a pivotal role in the organisation which allows one to showcase both technical and soft skills,” Geronimo says.

Leadership 98

Leadership IFRS Finance Communication 98

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. CFOs must balance short-term financial stability with long-term growth goals.

Corporate Finance 52

Corporate Finance Finance Cash Flow Forecasting IFRS 52

Future CFO

MAY 16, 2024

According to the Monetary Authority of Singapore, US$200 billion of green investment is required annually for Southeast Asia till 2030 to meet its net zero commitment.

Finance 52

Finance IFRS Construction Education 52

CFO Talks

JUNE 7, 2022

The Steward must ensure company compliance with financial reporting and control requirements. Investment and credit risk knowledge. Accounting knowledge (IFRS and taxation). External financial and regulatory reporting knowledge. Treasury and investment management. Competencies include: Staff planning.

CFO 52

CFO IFRS Risk Management Leadership 52

Planful

JULY 27, 2016

Are you wondering how best to make the business case to your company for investing in a cloud-based planning or reporting solution? Reducing Reliance on Spreadsheets for Budgeting, Planning, and Reporting. Limited reporting and analysis capabilities, and too much manual effort. Not being compliant with US GAAP or IFRS.

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) Planning Value-Added Analysis Budgeting 40

Planful

JUNE 22, 2017

Consolidating the data following specific financial accounting rules and guidelines, such as U.S. GAAP or International Financial Reporting Standards (IFRS). Reporting results to internal and external stakeholders. Financial accounting rules generally define a controlling stake as between 20% and 50% of a company.

Accounting 40

Accounting General Ledger IFRS GAAP 40

CFO Leadership

OCTOBER 18, 2023

For instance, could financial statements generated by ChatGPT withstand audit scrutiny? Whether ChatGPT applications could pass a SOC-1 audit, a crucial certification for control over financial reporting, remains to be seen. Companies like Google and Amazon are investing heavily in AI R&D to customize models for their needs.

Accounting 52

Accounting Finance Auditing IFRS 52

Jedox Finance

JULY 11, 2023

According to KPMG, 65% of international dealmakers believe ESG is a key consideration when making investments and in merger and acquisition decisions, 1 and EY reports that 99% of investors use ESG disclosures as a part of their investment decision-making.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance Profit and Loss Compliance 52

CFO Talks

OCTOBER 1, 2024

South Africa’s lag in investing in intangible assets compared to advanced economies. Challenges with Intangible Asset Investments: Limited investment in intellectual property, data, and patents in South Africa. The importance of a thriving tech sector, with data-driven businesses and investments in disruptive technologies.

Leverage 52

Leverage Investments Economics Accounting 52

The Finance Weekly

JUNE 17, 2024

Financial planning and analysis (FP&A) is important in automating all of the manual tasks in the finance department and giving everyone greater insights into the data. FP&A not only supports business and financial decision-making but also provides management with insights into the organization’s strategic plans and investments.

Financial Planning and Analysis (FP&A) 52

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

Michigan CFO

MARCH 21, 2023

Having accurate and timely financial reports prepared before listing your business for sale is a sensible way to alleviate potential headaches once a deal closes. Financial consultants specializing in business sales can help prepare your financial records to maximize goodwill asset value. Invest in your employees.

Valuation 40

Valuation CFO IFRS Sales 40

Musings on Markets

JULY 14, 2021

Almost in parallel, accounting as a profession found its footing and worked on creating rules that would apply to reporting, at least at publicly traded companies, with GAAP (Generally Accepted Accounting Principles) making its appearance in 1933.

GAAP 52

GAAP Forecasting Accounting Numbers 52

CFO Talks

DECEMBER 26, 2021

So that’s climate change reporting, where it seems that the world’s investors would stop investing in your company, if you do not issue a progress report on how to get your company to net zero. The driver of that reporting will obviously be the CFO. You’ve mentioned the PIC.

CFO 40

CFO Profit and Loss Finance Accounting 40

Onplan

NOVEMBER 30, 2022

Key features — The top features each platform is known for or has invested in. Adaptive is one option companies use for modeling, budgeting, forecasting, and financial reporting. In addition to offering financial and sales planning solutions, Workday Adaptive also caters to workforce and operational planning needs.

Financial Planning and Analysis (FP&A) 52

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

Bramasol

JANUARY 27, 2023

In 2018, the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) announced the release of new accounting standards, ASC 842 and IFRS 16, that redefined how organizations must account for leases.

Compliance 80

Compliance IFRS SAP Accounting Standards 80

CFO Talks

SEPTEMBER 13, 2024

It’s clear that African CFOs are highly focused on education and development, perhaps because there’s so much investment and growth happening in Africa. As CFO of the Public Service Pension Fund, he plays a crucial role in managing pensions for thousands of public servants and making key investment decisions.

Finance 97

Finance Auditing CFO Leadership 97

CFO Talks

MARCH 12, 2025

New regulations, technologies, and trends emerge, affecting businesses, investments, and financial decision-making. Lifelong learning ensures that your knowledge stays relevant, helping you make informed decisions, improve your career prospects, and stay ahead in the financial world.

Finance 52

Finance IFRS Compliance Financial Modeling 52

Bramasol

APRIL 7, 2025

Here's a brief overview of the key challenges telcos need to manage: Building Out Infrastructure: Cost and Complexity: Constructing and maintaining telecom infrastructure, including fiber optics, towers, and 5G/6G networks, requires significant capital investment and expertise. to other providers, as well as leasing infrastructure from them.

SAP 58

SAP Leverage Compliance IFRS 58