Remove Accounting Standards Remove Compliance Remove Currencies
article thumbnail

14+ of the best financial consolidation tools [2025]

Cube Software

The consolidation process typically includes aggregating financial results, eliminating intercompany transactions, handling currency conversions, and ensuring compliance with accounting standards like the International Financial Reporting Standards (IFRS) or Generally Accepted Accounting Principles GAAP.

IFRS 52
article thumbnail

The Role of IFRS in Simplifying Cross-Border Financial Reporting 

CFO Talks

And how can businesses ensure they meet these standards while operating across different countries? What is IFRS Compliance? Being IFRS-compliant means that a company follows a set of internationally recognised accounting rules when preparing its financial statements.

IFRS 52
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

David Wray: Navigating ESG, Sustainability, and the Evolving Role of CFOs

CFO Talks

ESG is not just about compliance; it’s a framework for long-term business viability and resilience. As head of the ESG Working Group for the International CFO Alliance (ICFOA), David emphasized the importance of standardization and alignment across global frameworks.

CFO 52
article thumbnail

US Eases New Banking Rule On Reporting Bad Loans

PYMNTS

1 accounting standard known as “current expected credit loss” (CECL) in an effort to bolster loans in the wake of the coronavirus, the Wall Street Journal reported on Friday (March 27). Bank regulators have rolled back the Jan. National bank regulators — The Federal Reserve, Federal Deposit Insurance Corp.

article thumbnail

Universal RevRec - The Next Breakthrough in SAP Revenue Recognition Unification

Bramasol

It marks a substantial leap forward that is built on earlier revenue management systems, such as SAP Revenue Accounting and Reporting (RAR) and SAP Automated Revenue Management (ARM). Enhanced Compliance : Facilitates adherence to accounting standards and regulations, reducing the risk of non-compliance and associated penalties.

SAP 64
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 Future of Syndicated Lending Demands Specialized Technology

CS Lucas

There are rollover dates, renewal terms, mandatory pre-payments, covenant compliance, reporting deadlines, administration fees, and much more to orchestrate. This covers volumes, rates, currencies, compliance terms, documentation, counterparties, jurisdictions , timelines, and associated analytics.