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Are Your Compliance Processes Keeping Up with Evolving Audit Requirements?

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Discover how SAP solutions lay a solid foundation for audits and next level PCAOB or AICPA compliance reviews. 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?

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MedTech Bundling Requires Both DSE and Lessor Accounting Solutions

Bramasol

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.

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The Changing Role of CFOs in a Technology-Driven World

Bramasol

Globalization CFOs have long needed to assure compliance with two different standards-setting bodies. The first is the Financial Accounting Standards Board (FASB) in the United States. Just last week, SAP announced Joule, a natural-language, generative AI copilot that will transform the way business runs.

IFRS 95
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Parallel Accounting is a Key Tool for Global Companies with Multiple Reporting Requirements

Bramasol

Ideally, companies need to have accounting systems that can both adapt to different regulations and seamlessly provide visibility and analytic capabilities across the entire enterprise. Parallel Ledgers - in which multiple ledgers are used, with an accounting principle applied to each ledger. Asset Accounting (FI-AA).