CFO Talks

MAY 12, 2023

Why Maake believes Treasury was right A core point of Maake’s argument is that State Owned Companies (SOCs) like Eskom are expected to not only adhere to IFRS and the Companies Act, but also the PFMA. All these elements are covered under IFRS. By the time you investigate, the report is already out in the market.”

IFRS 95

IFRS Treasury Auditing Accounting 95

CFO News Room

JANUARY 18, 2023

That said, about 31% of the net profits of all publicly traded firms listed globally in 2021 were generated by financial service firms; that percent is lower in the US and higher in emerging markets. IFRS and GAAP now treat as leases as debt, but that is still not the case in many other markets that are not covered by either standard).

Marketing 130

Marketing Hurdle Rate Investments Accounting 130

CFO Talks

MARCH 5, 2025

Listed companies (on the stock exchange) They must meet strict financial disclosure rules, often set by stock market regulators like the JSE (Johannesburg Stock Exchange). Retail and e-commerce Companies must follow tax and consumer protection laws, ensuring customers receive fair pricing and honest business practices.

IFRS 52

IFRS Auditing Compliance Financial Data 52

Simply Treasury

JUNE 3, 2021

The extremely high market volatility during the health crisis, one of the economic consequences of COVID, also forced many companies to review their hedging strategy. Many companies hedge on a budgetary basis and qualify hedges of future cash flows by applying the so-called "cash-flow hedge" method under IFRS 9 (ex-IAS 39).

IFRS 130

IFRS Foreign Exchange Currencies Profit and Loss 130

Bramasol

SEPTEMBER 29, 2023

Driven by sweeping changes such as digital transformation, globalization of markets, the subscription-based Digital Solutions Economy™ (DSE), carbon-accounting mandates, a rising emphasis on artificial intelligence, and other disruptive trends, the role of Chief Financial Officer (CFO) is undergoing radical transformation too.

Technology 89

Technology IFRS SAP Compliance 89

Bramasol

JANUARY 16, 2022

Compliance with ASC 606 / IFRS 15 requires separate cumbersome processes. To overcome these limitations, many market leading companies are leveraging SAP's Billing and Revenue Innovation Management (BRIM) solution to holistically innovate and scale recurring revenue-based order-to-cash processes. Complex allocations of revenue.

Compliance 83

Compliance IFRS SAP Leverage 83

Simply Treasury

FEBRUARY 27, 2020

However, with a good counterparty risk the return is hardly better, and even often, still negative with, as a bonus on top, an intermediate volatility for those who report in IFRS (because of quarterly mark-to-market valuations). This interim volatility arises even if they keep the bonds until their redemption.

IFRS 130

IFRS CFO Auditing Valuation 130

https://trustedcfosolutions.com/feed/

JUNE 2, 2022

The ability to receive those quick business insights also helps you respond to rapidly changing market conditions, so you remain highly competitive in a very demanding business environment. GAAP, IFRS, and cash base side by side for better visibility. The benefits don’t end there. . Ability to implement user-access controls.

Finance 104

Finance General Ledger IFRS GAAP 104

PYMNTS

FEBRUARY 27, 2019

Meanwhile, the EC has extended the deadline to release its review of the effectiveness of the Interchange Fee Regulation (IFR), which came into effect in 2015. The issue at hand is the IFR’s focus on protecting individual cardholders, whereas corporations are the “consumer” in the case of the commercial card.

Retail 70

Retail IFRS B2B Budgeting 70

Bramasol

JULY 31, 2023

According to Allied Market Research, "The global medical equipment rental market was valued at $56.0 For leasing, this means International Accounting Standards Board’s (IASB’s) IFRS 16 and US GAAP Financial Accounting Standards Board’s (FASB’s) ASC 842. For revenue recognition, they also must comply with ASC 606 and IFRS 15.

Accounting 71

Accounting SAP GAAP IFRS 71

Bramasol

AUGUST 29, 2022

The medical device market has traditionally evolved around a capital equipment acquisition model in which customers, such as hospitals, clinics or other providers, purchase or lease the equipment and separately purchase consumables and/or maintenance.

SAP 71

SAP IFRS Manufacturing Compliance 71

Bramasol

JULY 26, 2024

Within the Five-Step model, Step 4 of ASC 606 and IFRS 15 requires an allocation of the total consideration in a contract, which your company is entitled to collect for each distinct performance obligation. Standalone Selling Price: What is SSP, why is it needed, and how is it determined?

SAP 80

SAP IFRS GAAP Compliance 80

Bramasol

SEPTEMBER 26, 2022

Autonomously driven vehicles emerging for both commercial and consumer markets. Some of the key challenges and disruptive trends in the transportation sector include: Supply chain inefficiencies exposed by the pandemic and shifts in consumer buying behavior. Public transportation systems need to improve accessibility and cost of ridership.

Transportation 82

Transportation SAP IFRS Compliance 82

Future CFO

JUNE 12, 2024

Hence, it is crucial to adopt established standards and frameworks such as the International Financial Reporting Standards (IFRS) Sustainability Disclosure Standards issued by the International Sustainability Standards Board (ISSB), the Greenhouse Gas Protocol and ISO 14064.

Compliance 98

Compliance IFRS Risk Management Finance 98

Future CFO

JULY 3, 2024

Integrated financial sustainability reporting is here In June 2023 the International Sustainability Standards Board (ISSB) issued its first two IFRS Sustainability Disclosure Standards, IFRS S1 General Requirements for Disclosure of Sustainability-related Financial Information and IFRS S2 Climate-related Disclosures.

Finance 59

Finance IFRS Quantitative Data Communication 59

Future CFO

AUGUST 16, 2022

When it comes to sustainability standards, the needs of mid-market businesses must be taken into account, said Grant Thornton International recently. Setting the bar too high is likely to affect the ability of the mid-market to comply, he said. “We

IFRS 52

IFRS Accounting Compliance Marketing 52

PYMNTS

SEPTEMBER 26, 2016

Also problematic for London will be continued access for the single labor market, since immigration concerns were central to the Brexit debate. To head off some of the worst outcomes, the BBA suggests government officials negotiate new market access arrangements in a bilateral agreement with the EU.

Retail 68

Retail Banking IFRS Investments 68

CFO Talks

MARCH 2, 2023

We know that construction has been a bit of a saturated market but hopefully there will be a turnaround once infrastructure spend starts again. I think the challenges that we have are really around the volatility that we’re dealing with in the markets, we’re dealing with ongoing volatility.

Auditing 98

Auditing CFO IFRS Construction 98

CFO Talks

SEPTEMBER 5, 2024

The South African market offers a range of solutions, from cloud-based platforms that offer flexibility and scalability to on-premises systems that provide greater control and customization. Choosing the Right Software and Technology Selecting the appropriate financial software is a critical decision.

IFRS 98

IFRS GAAP Compliance Reconciliations 98

Bramasol

AUGUST 31, 2023

Over the past eight years, many episodes in this blog series have focused on revenue recognition and how SAP solutions such as Revenue Accounting and Reporting (RAR) have provided a robust foundation for compliance with ASC 606 and IFRS 15. This provides the basis for real-time matching of revenue and cost.

SAP 85

SAP Accounting Reconciliations General Ledger 85

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.

SAP 77

SAP IFRS Compliance Invoicing 77

Simply Treasury

SEPTEMBER 9, 2020

Today, not being of " investment grade " quality is an enormous handicap in the bank lending market. The bond market would appear to compensate for this lack, as do stock-market issues, although these are on the decline or still at an exceptionally low level, after a financial earthquake unique in the history of modern finance.

Cash Flow Forecasting 130

Cash Flow Forecasting Forecasting Treasury Budgeting 130

E78 Partners

AUGUST 22, 2024

Public companies must prepare for investor, shareholder, and market demands in compliance with relevant reporting frameworks – as applicable to each Company’s jurisdiction and fact pattern, including: SEC’s Climate Disclosure Rules European Sustainability Reporting Standards (ESRS) IFRS Sustainability Reporting Standards Task Force on Climate-Related (..)

Accounting 59

Accounting IFRS Compliance Strategic Planning 59

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

OCTOBER 2, 2024

The research “How to improve IFRS for intangible assets? The study found that many firms in China’s emerging high-tech markets are forced to expense their R&D entirely, which can stunt their growth and distort financial reports. A milestone approach” was authored by Shefei Ma and Weiguo Zhang in 2023.

Accounting 98

Accounting CFO Economics Accounting Standards 98

Future CFO

DECEMBER 4, 2023

ISSB preparedness The research looked at companies’ readiness for meeting the requirements for IFRS S2 Climate-related Disclosures. As such, it should be assessed in the context of the company’s value chain and wider market dynamics. The post The future of sustainability reporting appeared first on FutureCFO.

IFRS 52

IFRS Risk Management Planning Finance 52

CFO Talks

SEPTEMBER 26, 2024

Financial Sector Conduct Authority (FSCA): The FSCA regulates financial institutions, including banks, insurers, and asset managers, focusing on market conduct to ensure fair treatment of customers. The FSCA plays a crucial role in maintaining market integrity and consumer confidence in the financial sector.

IFRS 52

IFRS Compliance Auditing Financial Reporting 52

Future CFO

MAY 1, 2024

“As the business's nerve centre, the controller connects with external stakeholders, including the parent company, banks, and government bodies, having exposure to operations, marketing, consumer insights, and supply chain.”

Leadership 98

Leadership IFRS Finance Communication 98

E78 Partners

AUGUST 22, 2024

Public companies must prepare for investor, shareholder, and market demands in compliance with relevant reporting frameworks – as applicable to each Company’s jurisdiction and fact pattern, including: SEC’s Climate Disclosure Rules European Sustainability Reporting Standards (ESRS) IFRS Sustainability Reporting Standards Task Force on Climate-Related (..)

Accounting 52

Accounting IFRS Compliance Strategic Planning 52

PYMNTS

JULY 15, 2016

What’s interesting is that the court concluded that a lawful level of credit interchange for the UK market would be over 65% higher than the 30bps rate cap imposed in the 2015 Interchange Fee Regulation (“IFR”). At the same time, the court criticized and rejected the ‘merchant indifference test,’ the cornerstone for the IFR.

IFRS 40

IFRS Retail Sales Marketing 40

Future CFO

MAY 16, 2024

Lim Lay Wah "According to Climate Bonds Initiative, the Southeast Asia sustainable finance market in 2022 raised US$36 billion, almost double the amount in 2020." "We We are seeing the same trend at UOB.

Finance 52

Finance IFRS Construction Education 52

Planful

JULY 5, 2016

However, the revenue recognition guidance offered under US GAAP vs. IFRS has differed and was in need of improvement. In May of 2014 , the two bodies issued their converged guidance under ASC 606 and IFRS 15. Improves comparability of revenue recognition practices across entities, industries, jurisdictions, and capital markets.

Budgeting 40

Budgeting IFRS Planning GAAP 40

Musings on Markets

OCTOBER 6, 2023

A few days ago, I valued Instacart ahead of its initial public offering , and noted that the reception that the stock gets will be a good barometer of where risk capital stands in the market, right now. There is another measure that you can use to see the futility, at least so far, of accounting attempts to value intangibles.

Valuation 126

Valuation Profit and Loss Accounting Investments 126

CS Lucas

NOVEMBER 29, 2023

Such technical breaches may trigger cross default clauses and jeopardize corporate reputations with credit markets more broadly. Accounting Compliance Specialist tools guarantee lending treatments comply fully with evolving IFRS accounting standards. Management and auditors gain on-demand reporting.

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

Musings on Markets

FEBRUARY 27, 2022

That said, about 31% of the net profits of all publicly traded firms listed globally in 2021 were generated by financial service firms; that percent is lower in the US and higher in emerging markets. IFRS and GAAP now treat as leases as debt, but that is still not the case in many other markets that are not covered by either standard).

Hurdle Rate 99

Hurdle Rate Investments Accounting Entertainment 99

Future CFO

MARCH 5, 2024

Other markets covered in the study fared better in the quality of disclosure, with Malaysia scoring 43% and Singapore at 41%. Furthermore, 71% of companies in Southeast Asia were found to have failed to perform scenario analysis in the context of the company’s value chain and wider market dynamics.

IFRS 52

IFRS Compliance Leverage Transportation 52