VCFO

NOVEMBER 1, 2023

This can include software companies, manufacturers and many who may not even have thought of themselves as a research-oriented business. Assessing Accounting For entities preparing GAAP compliant financial statements, adoption of Revenue Recognition Standard (ASC 606) and Lease Accounting Standard (ASC 842) is now mandatory.

Finance

VCFO

JULY 22, 2022

ASC 842 is a new accounting standard set forth by the Financial Accounting Standards Board (FASB). These impacts will include major changes to accounting practices and financial reporting, as well as increased scrutiny of contracts, service agreements, and all leases starting now and moving forward.

Accounting

CFO Talks

OCTOBER 1, 2024

The conversation about the underinvestment in intangible assets in South Africa, and the challenges of accounting for these assets (due to subjective accounting treatments), directly impacts how CFOs approach financial reporting. IFRS, US GAAP). The interview highlights how companies that invest more in intangible assets (e.g.,

Leverage

CFO Talks

DECEMBER 26, 2021

As they move from manufacturing to retail, to the service industry, they get this experience that they need to be at the pinnacle. We expect the same will happen locally, there are a lot of listed companies in South Africa getting loans and credit from the PIC and soon the PIC will also start requiring these types of reports.

CFO