CFO Talks

MARCH 5, 2025

Follow standard accounting rules In most industries, this means using IFRS (International Financial Reporting Standards) or IFRS for SME (International Financial Reporting Standard for Small and Medium-sized Entities) to prepare financial statements. This saves time and reduces the risk of mistakes.

IFRS 52

IFRS Auditing Compliance Financial Data 52

CFO Talks

MARCH 13, 2025

Financial Information Systems help businesses automate compliance checks, ensuring they meet regulations such as International Financial Reporting Standards (IFRS 17) and tax laws. Whether a company wants to manage its cash flow, detect fraud, or track sustainability efforts, modern financial technology makes it possible.

Financial Reporting 52

Financial Reporting IFRS Compliance Problem Solving 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 82

IFRS Accounting SAP Compliance 82

CS Lucas

NOVEMBER 29, 2023

The Need for Specialized Technology Solutions To address this pressing need, treasury teams are relying on CS Lucas Treasury Management System’s dedicated syndicated loan modules. Let’s explore some of the key capabilities of CS Lucas: 1. Management and auditors gain on-demand reporting.

Technology 52

Technology Treasury IFRS Compliance 52

Bramasol

SEPTEMBER 26, 2022

Railway freight services are turning to new technologies for tracking, efficiency and flexibility. Waymo has built on autonomous driving technologies to become a trusted turnkey services partner with automated driving solutions for companies that move people as well as companies that move freight.

Transportation 82

Transportation SAP IFRS Compliance 82

CFO Talks

SEPTEMBER 5, 2024

Choosing the Right Software and Technology Selecting the appropriate financial software is a critical decision. Moreover, your system must be designed to comply with relevant financial regulations and standards, such as the International Financial Reporting Standards (IFRS), Generally Accepted Accounting Practice (GAAP), and local tax laws.

IFRS 98

IFRS GAAP Compliance Reconciliations 98

CFO Leadership

OCTOBER 10, 2023

This technology offers unprecedented rewards, but it also presents new risks that we all must navigate. Fine-tuned AI models could assist with complex regulatory requirements, such as those from IFRS, FINRA, and the SEC. SEC filings, GAAP documentation, FASB accounting standards, IFRS standards, PCAOB, FINRA, etc.),

Accounting 95

Accounting Finance Auditing IFRS 95

Bramasol

JULY 31, 2023

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

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 80

SAP IFRS GAAP Compliance 80

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

PYMNTS

DECEMBER 16, 2016

But technological advances mean that there can be better integration between the two, he said. This is especially true when multinationals must reconcile data across different accounting standards, such as GAAP and IFRS.

IFRS 74

IFRS Reconciliations GAAP Accounting Standards 74

PYMNTS

JUNE 10, 2019

The CPAs’ request comes as the International Financial Reporting Standards Foundation (IFRS) Interpretations Committee prepares to meet this week in London to discuss standards in the cryptocurrency taxation space. “The Committee believes the accounting for cryptocurrencies is not adequately captured under existing U.S.

Accounting 51

Accounting IFRS GAAP Accounting Standards 51

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

CFO Talks

OCTOBER 2, 2024

The research “How to improve IFRS for intangible assets? In a knowledge-based economy, assets like research and development (R&D), software, patents, and technology are becoming more important than physical assets. Like China, our future economic growth depends heavily on innovation and technology-driven industries.

Accounting 98

Accounting CFO Economics Accounting Standards 98

Bramasol

NOVEMBER 8, 2021

Movement on the part of global accounting groups, such as FASB, IASB and IFRS, to develop detailed compliance guidelines and regulations around carbon-accounting and sustainability. New legislation regarding carbon offsets and disclosure reporting that will materially impact many companies' bottom line.

Compliance 77

Compliance Accounting SAP IFRS 77

Bramasol

FEBRUARY 29, 2024

In combination with the SAP Business Technology Platform, the core cloud ERP has access to a wide range of applications and third-party extensions that help clients differentiate their businesses with technologies such as machine learning, process automation and artificial intelligence (AI), such as Joule.

SAP 58

SAP IFRS Compliance Leverage 58

Bramasol

JUNE 25, 2024

The role of enterprise level CFOs has changed radically over the past decade with both a widening scope of influence and greater responsibilities for helping guide corporate transformation programs and technology choices. Sweeping changes in the enterprise technology landscape have also been a key driver in expanding the role of CFOs.

Compliance 56

Compliance Financial Planning and Analysis (FP&A) Accounting SAP 56

Future CFO

MAY 29, 2024

ACCA's guide seeks to help all organisations irrespective of size, industry or sector, focusing on preparing for sustainability reporting in accordance with the IFRS Sustainability Disclosure Standards (or the ‘ISSB Standards’).

Finance 52

Finance IFRS Risk Management Accounting 52

CFO Talks

SEPTEMBER 30, 2024

Similarly the South African Financial Reporting Standards Council (FRSC) has adopted a blanked adoption approach to IFRS and IAS with very little effort to consider if the standards will contribute to local economic growth and employment. As a developing nation, we cannot afford to stifle our innovation.

Accounting Standards 98

Accounting Standards Economics IFRS Auditing 98

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

Simply Treasury

SEPTEMBER 9, 2020

However, CFF’s ought to be consolidated (in IFRS format) at least quarterly, with a monthly review, with forecasts going forward to at least the end of the current financial year and with a subsequent review to explain the variances and to instil forecasting discipline. For many, CFFs are simply a sort of budget revision exercise.

Cash Flow Forecasting 130

Cash Flow Forecasting Forecasting Treasury Budgeting 130

Future CFO

MAY 1, 2024

Unlike IFRS standards that are well-structured and finance practices that allow flexibility based on internal business needs, changing regulatory guidelines has caused ambiguity and anxiety due to the very fluid and subjective interpretations that can lead to material dollar spend for the company.”

Leadership 98

Leadership IFRS Finance Communication 98

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 76

Accounting SAP Analyzing Data IFRS 76

Future CFO

OCTOBER 27, 2020

Of note for APAC CFOs are findings including: Mandatory electronic transaction reporting in just 15% of jurisdictions regionally, despite COVID-19 swiftly advancing e-filing and e-reporting technology.

Accounting 52

Accounting IFRS Auditing GAAP 52

Future CFO

MAY 16, 2024

These pose a considerable challenge to accelerate the innovation and adoption of sustainable technologies, infrastructure and practices, thereby hindering progress," Lim points out.

Finance 52

Finance IFRS Construction Education 52

CFO Talks

AUGUST 21, 2024

Economic shifts, new regulations, and technological changes constantly test your ability to keep your company financially stable. Following local tax laws, international financial reporting standards (IFRS), and other rules is essential but challenging.

Corporate Finance 52

Corporate Finance Finance Cash Flow Forecasting IFRS 52

CFO News Room

JANUARY 18, 2023

Real estate and utilities are the two sectors that have not come back fully from the COVID effect, but materials, technology and communication services are now reporting significantly higher earnings that before the shut down. The numbers yield interesting insights. .

Marketing 130

Marketing Hurdle Rate Investments Accounting 130

CFO Leadership

OCTOBER 18, 2023

This technology offers unprecedented rewards, but it also presents new risks that we all must navigate. Fine-tuned AI models could assist with complex regulatory requirements, such as those from IFRS, FINRA, and the SEC. SEC filings, GAAP documentation, FASB accounting standards, IFRS standards, PCAOB, FINRA, etc.),

Accounting 52

Accounting Finance Auditing IFRS 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 73

SAP General Ledger IFRS Compliance 73

CFO Talks

JULY 16, 2024

Held over two days, this year’s event focused on the expanding roles of CFOs in forecasting, planning, and strategic decision-making, highlighting the importance of technological advancements in driving business innovation.

Leadership 52

Leadership CFO IFRS Strategic Planning 52

Future CFO

MAY 15, 2023

Business perspective: Why managing Inflation is important and how smart technologies can help Inflation has become a major concern for businesses and individuals alike, with the rate of inflation reaching its highest level in 40 years. In the past, stand-alone business technologies lived in siloes, and data was hoarded.

IFRS 52

IFRS SAP Accounts Payable Compliance 52

Planful

JANUARY 19, 2016

Of course, the technology we were using to collect and consolidate financial results back then was pretty arcane. Life is so much easier for accounting and Finance staff now with today’s technology. Consolidating the financial results following US GAAP or IFRS guidelines, including these steps: Performing currency conversions.

IFRS 40

IFRS Reconciliations GAAP Auditing 40

Future CFO

NOVEMBER 2, 2020

Jurisdictions in APAC lag significantly behind the adoption of technology to streamline and simplify processes. Many jurisdictions are moving towards international accounting standards such as International Financial Reporting Standards (IFRS) and US Generally Accepted Accounting Principles (GAAP). Report highlights.

Compliance 40

Compliance IFRS GAAP Accounting Principles 40

The Finance Weekly

JANUARY 31, 2022

Effective practices in this indispensable aspect of business can be defined by 4 categories; personal leadership, technological leadership, operational understanding, financial competency and strategic capacity. Technological leadership. 5 Leadership Competencies for CFOs 1.

Financial Planning and Analysis (FP&A) 52

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

CFO Talks

SEPTEMBER 17, 2024

Cloud-Based Solutions: Cloud technology allows CFOs and their teams to access financial data anytime, anywhere. Regular Updates and System Audits Technology changes fast and staying up-to-date is crucial for maintaining system security and efficiency.

Financial Reporting 52

Financial Reporting Auditing Compliance CFO 52

Future CFO

MARCH 5, 2024

Sectors exposed to the greatest climate risk unsurprisingly have the most detailed plans, and these include energy (78%), mining (29%), transport (42%), and telecommunications and technology (43%). Agriculture, however, falls behind, with 47% of those surveyed in that sector disclosing any form of transition plan.

IFRS 52

IFRS Compliance Leverage Transportation 52

Musings on Markets

FEBRUARY 27, 2022

Real estate and utilities are the two sectors that have not come back fully from the COVID effect, but materials, technology and communication services are now reporting significantly higher earnings that before the shut down. The numbers yield interesting insights.

Hurdle Rate 99

Hurdle Rate Investments Accounting Entertainment 99