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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.)

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The CFO's role in IPO preparations

Future CFO

These include controllership, Financial Planning and Analysis (FP&A), Investor Relations (IR), financial operations (FinOps), business finance, tax, treasury, and more. These teams must excel at their roles and prioritise continuous training and development to meet the high standards of transparency that investors expect.