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The Role of IFRS in Simplifying Cross-Border Financial Reporting 

CFO Talks

The Role of IFRS in Simplifying Cross-Border Financial Reporting In todays interconnected world, businesses are no longer confined by borders. This is where International Financial Reporting Standards (IFRS) come into play. But what does it really mean to be IFRS-compliant? What is IFRS Compliance? Why is it important?

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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.

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UK Retailers Press For Commercial Card Interchange Fee Caps

PYMNTS

million fine against Mastercard for its swipe fees, which regulators said drove up prices for retailers and consumers, and hampered competition. 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.

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Brexit’s Threat To UK’s Retail Banking

PYMNTS

It further recommends a focus on interchange fees — noting that the UK will no longer be party to the bloc’s Interchange Fees Regulation (IFR), which limits the charges for merchants accepting credit or debit cards and prevents retailers from discriminating against regulated cards. it warns, adding: “U.K. it warns, adding: “U.K.-issued

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From Chaos to Clarity Smarter Regulatory Reporting for CFOs 

CFO Talks

Retail and e-commerce Companies must follow tax and consumer protection laws, ensuring customers receive fair pricing and honest business practices. Healthcare and medical services They must comply with data protection laws, such as POPIA, to keep patient information private.

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How the Digital Solutions Economy is Impacting the Transportation Sector

Bramasol

Last-mile delivery has become a critical cost factor as retail sales shift from in-store to online. 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.

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Navigating South Africa’s Reporting Maze: What Every CFO Needs to Know

CFO Talks

These include the Companies Act, the Tax Administration Act, the Financial Sector Regulation Act, and the International Financial Reporting Standards (IFRS), among others. Practical Example: A retail company with multiple branches across South Africa must file VAT returns every two months.

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