Accounting Standards IFRS Sales 
Bramasol
APRIL 29, 2025
Medical device companies can offer training, consulting, and certification programs alongside the sale of their equipment to ensure healthcare providers can fully utilize the technology. Accounting standards such as ASC 606 and IFRS 15 provide guidance, but medical device companies must navigate specific nuances for different models.
Bramasol
JULY 17, 2025
Tracking entitlements is an important element for revenue recognition and expense management because it directly relates to how revenue and expenses are recognized, thereby ensuring compliance with accounting standards such as ASC 606 or IFRS 15 while also improving revenue management and profitability.
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Bramasol
JULY 29, 2025
For example, telecom operators leverage AI to automate revenue recognition processes, ensuring compliance with standards like ASC 606 and IFRS 15. sales, finance, supply chain) to predict outcomes and recommend actions. This ensures accurate and timely reporting while reducing the risk of human error.
Future CFO
APRIL 17, 2022
Financial reporting specialist and lecturer Adam Deller explains the basic principles of IFRS 5, 'Non-Current Assets Held for Sale and Discontinued Operations'. The post The fundamentals of IFRS 5 appeared first on FutureCFO.
Bramasol
JULY 31, 2023
It can quickly become unmanageable to try and handle lease contract management, lessor accounting, maintenance services, sales of consumables, revenue recognition and disclosure reporting all with different siloed software. For revenue recognition, they also must comply with ASC 606 and IFRS 15.
PYMNTS
DECEMBER 16, 2016
The optimization of the accounting process, he said, is difficult at times with limited staff. And yet, it remains key to have access to, and reconciliation of, data that ranges from sales to travel expenses. This is especially true when multinationals must reconcile data across different accounting standards, such as GAAP and IFRS.
Bramasol
SEPTEMBER 8, 2024
Enhanced Compliance : Facilitates adherence to accounting standards and regulations, reducing the risk of non-compliance and associated penalties. Use Cases Universal RevRec brings together the complete end-to-end process for sales, services and projects as fully integrated scenarios, while also addressing their specific requirements.
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