Remove Accounting Principles Remove Accounting Standards Remove Planning
article thumbnail

The 6 things every CFO should do to prepare for CBAM

CFO Dive

The company’s CBAM obligations and purchased certificates have to be accounted for in accordance with global accounting standards like the IFRS or US GAAP. Analysts predict 2030 prices to be around €150, steadily climbing into 2034 when CBAM is planned to be fully implemented.

CFO 247
article thumbnail

How to Comply with Accounting Standards for Nonprofits

The Charity CFO

Accounting standards for nonprofits are probably not the first thing you think about, but are crucial for your organization to succeed. Because of their unique structure and operational model, nonprofits must comply with various accounting standards that are, in many ways, different from for-profit organizations.

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

IBM Cognos Controller: Financial close management managed by the office of finance

Future CFO

DOWNLOAD NOW. The post IBM Cognos Controller: Financial close management managed by the office of finance appeared first on FutureCFO.

Finance 52
article thumbnail

The Dual Purposes of Accounting and Fundraising Software

The Charity CFO

This makes it challenging to create technology that tracks data for fundraising purposes while still following accounting principles. The Impact of GAAP on Integration Efforts We’ve mentioned GAAP several times, but why do these principles affect integration so much? The short answer: these two datasets serve different purposes.

article thumbnail

Universal RevRec - The Next Breakthrough in SAP Revenue Recognition Unification

Bramasol

Enhanced Compliance : Facilitates adherence to accounting standards and regulations, reducing the risk of non-compliance and associated penalties. Better Insights : Provides deeper insights into revenue metrics and performance, supporting better decision-making and strategic planning.

SAP 64
article thumbnail

7 Keys to Nonprofit Financial Management

The Charity CFO

Accounting Standards In the United States, all organizations must adhere to the Generally Accepted Accounting Principles (GAAP). For nonprofits, however, there is an additional and specific set of standards that organizations must follow, as set out by the FASB 117.

article thumbnail

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

Spreadym

When choosing the best financial reporting software solution, it's important to consider factors such as ease of use, scalability, integration with existing systems, compliance with accounting standards, cost, customer support, and any unique requirements your organization might have.