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

Bramasol

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.

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The 6 things every CFO should do to prepare for CBAM

CFO Dive

CBAM compliance also requires the purchase, management, and surrender of CBAM certificates. 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. You can unsubscribe at anytime. Registered in England and Wales.

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