Accounting Principles, Financial Data, IFRS and Numbers

Parallel Accounting is a Key Tool for Global Companies with Multiple Reporting Requirements

Bramasol

JUNE 10, 2022

One important side effect of the ongoing trend toward globalization is the need to comply with a range of different accounting principles as well as with disparate reporting and compliance mandates. Parallel Ledgers - in which multiple ledgers are used, with an accounting principle applied to each ledger.

Accounting Principles

Accounting Principles IFRS SAP Accounting

Disclosure Dilemma: When more (data) leads to less (information)!

Musings on Markets

JULY 14, 2021

Almost in parallel, accounting as a profession found its footing and worked on creating rules that would apply to reporting, at least at publicly traded companies, with GAAP (Generally Accepted Accounting Principles) making its appearance in 1933.

GAAP

GAAP Forecasting Accounting Numbers

Corporate Finance Brief

Parallel Accounting is a Key Tool for Global Companies with Multiple Reporting Requirements

Disclosure Dilemma: When more (data) leads to less (information)!

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