Remove IFRS Remove Leverage Remove Profit and Loss
article thumbnail

Cross-Listed Companies, Navigating International Reporting Standards 

CFO Talks

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.

IFRS 98
article thumbnail

Navigating IFRS, Key Updates and Changes

CFO Talks

Navigating IFRS , Key Updates and Changes Introduction In today’s fast-paced financial world, staying up to date with the latest International Financial Reporting Standards (IFRS) is critical for CFOs. IFRS 16 Leases: Impact on Balance Sheets IFRS 16 has changed the way leases are recorded on balance sheets.

IFRS 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Looking Ahead at Five Key Trends to Watch in 2022

Bramasol

However, as DSE moves into the next phase, it will be increasingly important for companies to refine and optimize their end-to-end DSE processes in order to maintain profitability and competitiveness. The need for carbon accounting solutions that provide tangible and reliable data will be a major issue throughout 2022 and beyond.

SAP 52
article thumbnail

The 5 Best Financial Reporting Software to Enhance the Productivity of CFO

Spreadym

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.

article thumbnail

Creating a sustainable future with ESG and finance

Jedox Finance

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. For example, incorporating renewable energy sources can influence an organization’s energy costs, affecting P&L figures.