Remove Accounting Standards Remove Financial Data Remove Treasury
article thumbnail

Are Your Compliance Processes Keeping Up with Evolving Audit Requirements?

Bramasol

Research and Thought Leadership : The AICPA conducts research and publishes reports on emerging trends, best practices, and thought leadership topics relevant to the accounting profession. Why Should You Care? The Bottom Line We all know that external audits are a fact of life but it's also important to remember that change is inevitable too.

article thumbnail

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

Bramasol

The choice of which approach to use depends on a variety of factors such as the number of accounts or ledgers that are needed for managing multiple entities within the overall organization. Other key factors include where the company stands with regard to implementing new accounting standards (ASC 606, IFRS 15, ASC 842, IFRS, 16, etc.)

article thumbnail

The Changing Role of CFOs in a Technology-Driven World

Bramasol

They are expected to provide financial leadership and insight into the organization's strategic direction. This involves not just managing financial data but also interpreting it to guide decision-making. Globalization CFOs have long needed to assure compliance with two different standards-setting bodies.