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

Bramasol

One important side effect of the ongoing trend toward globalization is the need to comply with a range of different accounting principles as well as with disparate reporting and compliance mandates. Parallel Ledgers - in which multiple ledgers are used, with an accounting principle applied to each ledger.

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Standards for Carbon Accounting are Beginning to Take Shape

Bramasol

This important issue was previously explored last year in Are You Ready for "Carbon Accounting" Compliance? A subsequent blog post specifically addressed How Can Carbon Accounting Impact the Value of M&A Deals? Climate-related risks and their actual or likely material impacts on the registrant’s business, strategy, and outlook; ?

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How to Simplify Consolidated Financial Statements

Planful

Planful integrates with more than 100 source systems, both on-premises and cloud-based, including Acumatica, Sage, Microsoft Dynamics, and SAP, to name a few. million for not complying with the Financial Conduct Authority’s (FCA) standards. Case in point: Barclays PLC was fined $34.8 The solution?