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The Changing Role of CFOs in a Technology-Driven World

Bramasol

Globalization CFOs have long needed to assure compliance with two different standards-setting bodies. The first is the Financial Accounting Standards Board (FASB) in the United States. More details on climate issues below.)

IFRS 97
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MedTech Bundling Requires Both DSE and Lessor Accounting Solutions

Bramasol

However, even though medical equipment leasing bundled with other services and products is making relationships with customers more holistic, the backend systems for handling lease management and accounting have mostly remained in separate silos from those for subscription management and revenue recognition.

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Digital Solutions Economy Initiatives in the Software and SaaS Industry

Bramasol

Long-term contracts: With many SaaS customers committing to long-term contracts that include usage, entitlements and other rights, it can be difficult to track and support actual consumption while assuring accounting compliance.

SAP 79
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Best Practices to Perfect Your Month-End Close With Sage Intacct

https://trustedcfosolutions.com/feed/

Allows user-defined workflows to improve efficiency, compliance, and transparency, providing consistent audit trail visibility. Identifies variances and anomalies that don’t comply with accounting standards with intuitive dashboards and reports that work based on your preset conditions.

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Top 5 Mistakes Caught in a Nonprofit Audit

The Charity CFO

You’ll likely want to ask your nonprofit accountant to help you set up your accounting systems so you know they’re correct from the start. Revenue recognition is even more complicated than ever thanks to the changes in how FASB (Financial Accounting Standards Board) now requires nonprofits to record donations.

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The Complete Guide to Nonprofit Accounting Careers

The Charity CFO

Given the increasing use of accounting software to do day-to-day tasks, accountants need to not just be proficient in accounting, they have to be tech savvy. Accountants deserve positions that leverage technology to improve the department and the organization and when they don’t get that, it creates a challenge.

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Reverse Factoring Intensifies The B2B Late Payments Debate

PYMNTS

The Big Four auditing firms — EY, Deloitte, KPMG and PwC — have recently requested that the Financial Accounting Standards Board (FASB) provide clarity in how corporates should classify their reverse factoring or supply chain financing agreements, adding more fuel to a long-standing debate as to whether such trade financing tools are debt.

B2B 40