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Are Your Compliance Processes Keeping Up with Evolving Audit Requirements?

Bramasol

Discover how SAP solutions lay a solid foundation for audits and next level PCAOB or AICPA compliance reviews. Overview of the PCAOB and AICPA The Public Company Accounting Oversight Board (PCAOB) is a regulatory body established by the Sarbanes-Oxley Act of 2002 in response to corporate accounting scandals like Enron and WorldCom.

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New Hedge Accounting Standard Flashes Green Light

Reval

Treasury & Risk. accounting standard that makes it easier to account for hedges is likely to encourage more corporates to hedge. The Financial Accounting Standards Board voted last month to finalize the new hedge accounting standard, and the final standard is due out in August.

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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 95
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MedTech Bundling Requires Both DSE and Lessor Accounting Solutions

Bramasol

In order to take these bundling scenarios to an optimal level, medical equipment makers need to leverage more integrated solutions that bring all the backend processes together in a seamless end-to-end environment that meshes with compliance and reporting mandates. For revenue recognition, they also must comply with ASC 606 and IFRS 15.

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The CFO's role in IPO preparations

Future CFO

These include controllership, Financial Planning and Analysis (FP&A), Investor Relations (IR), financial operations (FinOps), business finance, tax, treasury, and more. These teams must excel at their roles and prioritise continuous training and development to meet the high standards of transparency that investors expect.

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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.

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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. Within the SAP ecosystem, Parallel Accounting is supported by the following financial application components: Financial Accounting (FI).