Accounting Standards Currencies Financial Reporting 
CFO Talks
FEBRUARY 25, 2025
The Role of IFRS in Simplifying Cross-Border Financial Reporting In todays interconnected world, businesses are no longer confined by borders. While this global reach brings opportunities, it also comes with challengesespecially when it comes to financial reporting. But what does it really mean to be IFRS-compliant?
Cube Software
APRIL 3, 2025
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.
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CFO Talks
JANUARY 27, 2025
So, they’re the body that accredits all, professional accountants in Canada, and there’s one at the national level, which typically gets involved in standard setting and influencing international standard setting. And we look at what happens in the US.
PYMNTS
JUNE 10, 2019
Reports in The Block Crypto late last week said a group of California CPAs has sent a letter to the Financial Accounting Standards Board, a federal board that sets Generally Accepted Accounting Principles (GAAP), requesting that it consider establishing a task force to address a lack of clarity in cryptocurrency accounting standards.
Future CFO
APRIL 18, 2022
The post IBM Cognos Controller: Financial close management managed by the office of finance appeared first on FutureCFO. DOWNLOAD NOW.
Bramasol
SEPTEMBER 8, 2024
Increased Accuracy : By automating calculations and providing advanced reporting tools, it improves the accuracy and reliability of revenue recognition. Enhanced Compliance : Facilitates adherence to accounting standards and regulations, reducing the risk of non-compliance and associated penalties.
Planful
JUNE 3, 2021
A 2017 study on Business Intelligence in Consolidation of Financial Statements showed that while spreadsheets can be adequate for a simple consolidation “involving few entities, single-level, and currency,” it’s best to implement a “dedicated consolidation software” for a complex structure of businesses.
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