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Embracing AI in Finance and Accounting: Balancing Risk and Innovation

CFO Leadership

AI in the “Real World” While these powerful tools seem to have a near mastery of natural language communication, they are not necessarily designed to possess many of the skills required by finance and accounting professionals. However, they still have a place in corporate finance and accounting.

Finance 95
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A Fresh Look at Ongoing ESG and Carbon Accounting Developments

Bramasol

Previous posts in this blog series o n Environmental, Social and Governance (ESG) and carbon accounting have spotlighted carbon accounting as a trend to watch , looked at ESG impacts on M&A , and tracked the emergence of new ESG standards.

IFRS 87
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TEST Embracing AI in Finance and Accounting: Balancing Risk and Innovation

CFO Leadership

AI in the “Real World” While these powerful tools seem to have a near mastery of natural language communication, they are not necessarily designed to possess many of the skills required by finance and accounting professionals. However, they still have a place in corporate finance and accounting.

Finance 52
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Relieving the Pain of Year-End Close and Reporting

Planful

When I was a staff accountant back in the mid-1980s, I remember spending many nights and weekends working to close the year-end books. Life is so much easier for accounting and Finance staff now with today’s technology. Correctly accounting for minority interests. Built-in accounting for minority ownership.

IFRS 40
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How to Comply with Accounting Standards for Nonprofits

The Charity CFO

Accounting standards for nonprofits are probably not the first thing you think about, but are crucial for your organization to succeed. Because of their unique structure and operational model, nonprofits must comply with various accounting standards that are, in many ways, different from for-profit organizations.

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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? ISSB was established by the IFRS Foundation in response to the Glasgow COP 26 conference in November 2021.

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The 5 Best Financial Reporting Software to Enhance the Productivity of CFO

Spreadym

When choosing the best financial reporting software solution, it's important to consider factors such as ease of use, scalability, integration with existing systems, compliance with accounting standards, cost, customer support, and any unique requirements your organization might have.