Planful

SEPTEMBER 5, 2019

Periodic financial reporting is a great example. Most organizations put a great deal of manual effort into their periodic reporting. And when the report is finally published, they breathe a sigh of relief…and quickly move on to the next task. “A That is, until the offending task pops up again. Edwards Deming.

Financial Reporting 40

Financial Reporting IFRS GAAP Auditing 40

Planful

SEPTEMBER 6, 2021

In an ideal world, financial reports should build shareholder trust by offering accurate data about the performance of the company. In reality, a company’s financial report can be more flimsy—involving estimates and judgment from leadership that’s far from the truth. Create Detailed, Transparent Reports.

Financial Reporting 40

Financial Reporting Valuation IFRS GAAP 40

PYMNTS

JUNE 10, 2019

The CPAs’ request comes as the International Financial Reporting Standards Foundation (IFRS) Interpretations Committee prepares to meet this week in London to discuss standards in the cryptocurrency taxation space. Earlier this year EY launched a corporate cryptocurrency accounting and tax management solution.

Accounting 51

Accounting IFRS GAAP Accounting Standards 51

CFO Leadership

OCTOBER 10, 2023

They’re not very good at mathematics or dealing with numbers in general. 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.

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

Future CFO

MAY 16, 2024

Last year, the amount of sustainable financing provided to our clients to support the region’s transition towards a low-carbon economy more than doubled from 2022 numbers to S$44.5 "We are seeing the same trend at UOB.

Finance 52

Finance IFRS Construction Education 52

Planful

JULY 27, 2016

Limited reporting and analysis capabilities, and too much manual effort. Not being compliant with US GAAP or IFRS. The next logical step is to replace the spreadsheet-based process with purpose-built enterprise performance management (EPM) applications designed to streamline budgeting, planning, and financial reporting.

Financial Planning and Analysis (FP&A) 40

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

The Finance Weekly

MARCH 28, 2022

Continue reading to learn what ESG reporting is, what's new with ESG reporting standards, why Finance teams should care, and the five benefits of aligning ESG and financial reporting. But other considerations, however, are pushing increased CFO involvement in ESG reporting.

Finance 52

Finance Auditing Accounting Standards IFRS 52

Planful

JUNE 22, 2017

GAAP or International Financial Reporting Standards (IFRS). Reporting results to internal and external stakeholders. Key financial reports generated from preparing consolidated financial statements include the income statement, balance sheet, and statement of cash flows.

Accounting 40

Accounting General Ledger IFRS GAAP 40

CFO Leadership

OCTOBER 18, 2023

They’re not very good at mathematics or dealing with numbers in general. 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.

Accounting 52

Accounting Finance Auditing IFRS 52

Planful

AUGUST 1, 2017

According to a 2014 study by APQC benchmarking the financial close process, the bottom performers took 12 days or more to close and report their results to management. Then there’s additional time spent on external financial reporting and filings. Multi-GAAP reporting (i.e., US GAAP, Canadian GAAP, IFRS, etc.).

GAAP 40

GAAP Value-Added Analysis IFRS Auditing 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. In 2019, Uber claimed that its TAM was $5.2

GAAP 52

GAAP Forecasting Accounting Numbers 52

Onplan

NOVEMBER 30, 2022

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. Automated reporting also enforces compliance with GAAP and IFRS standards.

Financial Planning and Analysis (FP&A) 52

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

CFO Talks

DECEMBER 26, 2021

So it’s interesting that the focus isn’t only on climate change and reporting thereon and how to reduce emissions, but also on business efficiencies. CIARAN RYAN: Yes, we’ve interviewed quite a few European CFOs on CFO Talks and what is astonishing there is the number of who come from a non-accounting background.

CFO 40

CFO Profit and Loss Finance Accounting 40

CFO Talks

JANUARY 27, 2025

So, for example, they would be the liaison for the IFRS Foundation either through the ISB, so the International Accounting Standards Board, or the International Sustainability Standards Board as an example. I once did a analysis of the IFRS Foundation’s budget. So that’s a little bit about my journey.

CFO 52

CFO Auditing IFRS Accounting 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). As I mentioned earlier, a CFO’s role goes beyond crunching numbers.

Finance 97

Finance Auditing CFO Leadership 97