Accounting Standards Forecasting SAP Technology 
Bramasol
JULY 31, 2023
In addition, global companies need the flexibility to comply and report according to multiple accounting standards. For leasing, this means International Accounting Standards Board’s (IASB’s) IFRS 16 and US GAAP Financial Accounting Standards Board’s (FASB’s) ASC 842.
Bramasol
FEBRUARY 13, 2023
Compliance: The adoption of ASC 606 and IRFS 15 accounting standards for revenue recognition introduced new requirements for SaaS companies, particularly around the allocation of revenues and the recognition of variable consideration.
Spreadym
JULY 10, 2023
The financial close process, also known as the accounting close process or month-end close, is a series of steps undertaken by an organization to finalize its financial records for a specific accounting period. These software tools offer a range of features to improve efficiency, accuracy, and collaboration during the close process.
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