Financial Systems IFRS Leverage 
CFO Talks
NOVEMBER 20, 2024
For example, while South African companies follow International Financial Reporting Standards (IFRS), the US requires compliance with its Generally Accepted Accounting Principles (GAAP). IFRS is principles-based and allows for some judgment in financial reporting, while GAAP is more rigid, rules-based, and less forgiving.
CFO Talks
MARCH 13, 2025
Financial data is no longer just about tracking income and expenses; its a strategic tool that helps businesses make smarter, faster, and more informed choices. Heres how these systems are transforming the way companies operate. AI and Machine Learning in Finance Artificial Intelligence (AI) is transforming financial decision-making.
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Bramasol
JULY 26, 2024
As shown below, everything that is needed can be combined within a unified architecture that leverages the inherent scalability of S/4HANA Public Cloud and SAP Business Technology Platform (BTP). GAAP, IFRS) for various countries and ensuring accuracy in financial reporting can add significant complexity and time to the close process.
CFO Talks
SEPTEMBER 26, 2024
Financial Intelligence Centre Act (FICA): FICA aims to combat money laundering and terrorist financing by imposing obligations on businesses, especially those in the financial sector, to verify client identities, keep detailed transaction records, and report suspicious activities.
Onplan
NOVEMBER 30, 2022
Our guide to the best FP&A tools compares each vendor based on five criteria: Adoption — How easy it is for users to adopt the technology and learn and leverage its full extent of features and capabilities. Because it’s from the same vendor, Adaptive works best with Workday Financial Management and Human Capital Management.
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