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.

SAP 79

SAP IFRS GAAP Compliance 79

Bramasol

SEPTEMBER 26, 2022

For example, SAP Revenue Accounting & Reporting (RAR) streamlines and simplifies accounting and reporting of complex revenue streams under ASC 606 / IFRS 15 and SAP Contract & Lease Management (CLM) provides asset management and accounting compliance for ASC 842 / IFRS 16.

Transportation 80

Transportation SAP IFRS Compliance 80

Bramasol

JULY 31, 2023

In order to take these bundling scenarios to an optimal level, medical equipment makers need to leverage more integrated solutions that bring all the backend processes together in a seamless end-to-end environment that meshes with compliance and reporting mandates. For revenue recognition, they also must comply with ASC 606 and IFRS 15.

Accounting 69

Accounting SAP GAAP IFRS 69

Bramasol

SEPTEMBER 12, 2022

Although the initial compliance phase for ASC 606 and IFRS 15 revenue recognition mandates is in the rear-view mirror for most companies, it's important to also keep a focus on the road ahead because optimization of overall RevRec processes across the enterprise will be key to ongoing success. Freeze periods on time-based POBs.

SAP 76

SAP IFRS Compliance Invoicing 76

CFO Talks

SEPTEMBER 26, 2024

Complex Reporting Standards: Adhering to both International Financial Reporting Standards (IFRS) and local regulations can complicate financial reporting. For SMEs, the IFRS for SMEs standard simplifies reporting but still requires thorough understanding and application.

IFRS 52

IFRS Compliance Auditing Financial Reporting 52

Bramasol

FEBRUARY 29, 2024

Both GROW and RISE with SAP are designed to support smooth customer transformation journeys from their unique starting points by leveraging the SAP modular ERP cloud architecture as shown below. The core cloud ERP can be SAP S/4HANA Cloud in either public or private cloud deployments.

SAP 58

SAP IFRS Compliance Leverage 58

Bramasol

MARCH 24, 2022

ISSB was established by the IFRS Foundation in response to the Glasgow COP 26 conference in November 2021. From a global perspective, the International Sustainability Standards Board (ISSB) is also working on developing uniform financial reporting rules.

Accounting 75

Accounting SAP Analyzing Data IFRS 75

CS Lucas

NOVEMBER 29, 2023

Covenant Threshold Monitoring To avoid any risk of breaching any covenants, the system monitors the current status against periodic covenant tests for earnings, leverage, liquidity, or other metrics dictated by lending agreements. Alerts notify appropriate stakeholders as threshold limits approach.

Technology 52

Technology Treasury IFRS Compliance 52

CFO Talks

JUNE 7, 2022

Accounting knowledge (IFRS and taxation). The Strategist provides a financial perspective on innovation and profitable growth, leverages this perspective to improve risk-awareness, strategic decision-making, and performance management integration, and translates the expectations of the capital markets into internal business imperatives.

CFO 52

CFO IFRS Risk Management Leadership 52

Future CFO

MARCH 5, 2024

He adds that prioritising climate-related disclosures provides companies the opportunity to leverage data to transform their business and operations for a low-carbon future amid the fight against climate change and the emphasis on decarbonisation. Importantly, their experience offers valuable lessons for other countries in the region."

IFRS 52

IFRS Compliance Leverage Transportation 52

Bramasol

NOVEMBER 13, 2023

For example, at Bramasol we made a decision over a decade ago to focus on SAP finance solutions for the office of the CFO, with a specific emphasis on the new revenue recognition compliance requirements in ASC 606 and IFRS 15.

SAP 72

SAP General Ledger IFRS Compliance 72

Bramasol

SEPTEMBER 8, 2024

By leveraging our leadership in deploying more RAR implementations than any other partner, Bramasol is also at the forefront of helping refine and deploy these new Universal RevRec capabilities. Enhanced Compliance : Facilitates adherence to accounting standards and regulations, reducing the risk of non-compliance and associated penalties.

SAP 58

SAP General Ledger Compliance Accounting Standards 58

The Finance Weekly

JANUARY 31, 2022

Financial leadership includes strong grip over technical accounting including IAS/IFRS, risk management and compliance, mergers and acquisitions, financial management, financial planning, budgeting & forecasting and integrated financial reporting. to create an enormous amount of value for your finance team and the enterprise as a whole.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Leadership IFRS Budgeting 52

The Finance Weekly

JUNE 17, 2024

By leveraging Planful, these organizations can speed up cycle times, improve productivity, and ensure accurate reporting. Current Planful customers already leverage AI/ML through the Planful Predict suite, a collection of native, purpose-built solutions for finance AI products.

Financial Planning and Analysis (FP&A) 52

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

Planful

FEBRUARY 21, 2017

These results then require consolidation following US GAAP or IFRS guidelines. Leveraging spreadsheets and email to manage the financial close and reporting process may work for smaller companies with simple requirements.

Reconciliations 40

Reconciliations IFRS GAAP Leverage 40

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. The need for carbon accounting solutions that provide tangible and reliable data will be a major issue throughout 2022 and beyond.

SAP 52

SAP Compliance Profit and Loss IFRS 52

Planful

AUGUST 1, 2017

US GAAP, Canadian GAAP, IFRS, etc.). So instead, most organizations leverage software applications designed to address all of these requirements – software that also helps them manage and streamline the close, consolidation, and reporting process. Multi-GAAP reporting (i.e., Regulatory reporting and filings. External board reporting.

GAAP 40

GAAP Value-Added Analysis IFRS Auditing 40

Planful

JANUARY 3, 2017

These systems provide built-in support for complexities such as currency translation, intercompany eliminations, and reporting under multiple accounting guidelines, such as US GAAP or IFRS. The need for an EPM solution will emerge.

General Ledger 40

General Ledger Budgeting Forecasting Cash Flow Forecasting 40

Spreadym

AUGUST 10, 2023

Compliance: Adherence to accounting standards and regulations, such as Generally Accepted Accounting Principles (GAAP) or International Financial Reporting Standards (IFRS). It operates within an Excel-native environment, providing users with a familiar interface while leveraging the advantages of a planning platform.

Financial Reporting 52

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

Bramasol

JULY 22, 2023

From a global perspective, the International Sustainability Standards Board (ISSB), which was established by the IFRS in November 2021 at COP26 in Glasgow, has issued its first two standards. IFRS S1 requires companies to communicate the sustainability risks and opportunities they face over the short, medium, and long term.

IFRS 81

IFRS Accounting SAP Compliance 81

Jedox Finance

JULY 11, 2023

5 Other sustainability reporting initiatives in development include those of the International Sustainability Standards Board (ISSB), developed by the International Financial Reporting Standards (IFRS) Foundation.

Financial Planning and Analysis (FP&A) 52

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

CFO Talks

OCTOBER 1, 2024

Potential for Growth: Opportunities for South Africa to catch up in terms of leveraging data and technology for economic development. IFRS, US GAAP). CFOs must understand that properly leveraging intangible assets can create long-term value and competitive advantages for their business. Why is this important for CFOs?

Leverage 52

Leverage Investments Economics Accounting 52

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. 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

Musings on Markets

FEBRUARY 23, 2025

It was only in 2019 that the accounting rule-writers (IFRS and GAAP) finally did the right thing, albeit with a myriad of rules and exceptions.

Hurdle Rate 75

Hurdle Rate Marketing Investments IFRS 75

CFO Talks

MARCH 12, 2025

Leverage Online Learning Platforms Online learning platforms provide excellent opportunities to expand financial knowledge. Regularly reviewing IFRS updates, tax laws, and business regulations ensures compliance and minimises risk.

Finance 52

Finance IFRS Compliance Financial Modeling 52

Bramasol

DECEMBER 14, 2023

According to the IFRS, "IFRS S1 and IFRS S2 are built on and consolidate the TCFD recommendations , SASB Standards , CDSB Framework , Integrated Reporting Framework and World Economic Forum metrics to streamline sustainability disclosures. 

Technology 81

Technology SAP IFRS Compliance 81