The Finance Weekly

JANUARY 31, 2022

Financial leadership includes strong grip over technical accounting including IAS/IFRS, risk management and compliance, mergers and acquisitions, financial management, financial planning, budgeting & forecasting and integrated financial reporting. This collaboration can help maximize the ROI on these projects.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Leadership IFRS Budgeting 52

Planful

FEBRUARY 21, 2017

It usually begins with the collection of financial results from multiple systems, divisions, and subsidiaries with each having their own charts of accounts and business practices. These results then require consolidation following US GAAP or IFRS guidelines. A big challenge in the year-end close process is account reconciliations.

Reconciliations 40

Reconciliations IFRS GAAP Leverage 40

Bramasol

JANUARY 27, 2023

In 2018, the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) announced the release of new accounting standards, ASC 842 and IFRS 16, that redefined how organizations must account for leases.

Compliance 87

Compliance IFRS SAP Accounting Standards 87

Bramasol

MARCH 24, 2022

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.

Accounting 83

Accounting SAP Analyzing Data IFRS 83

Bramasol

FEBRUARY 29, 2024

Both GROW and RISE with SAP are designed to support smooth customer transformation journeys from their unique starting points by leveraging the SAP modular ERP cloud architecture as shown below. The core cloud ERP can be SAP S/4HANA Cloud in either public or private cloud deployments.

SAP 59

SAP IFRS Compliance Leverage 59

CS Lucas

NOVEMBER 29, 2023

Covenant Threshold Monitoring To avoid any risk of breaching any covenants, the system monitors the current status against periodic covenant tests for earnings, leverage, liquidity, or other metrics dictated by lending agreements. Alerts notify appropriate stakeholders as threshold limits approach.

Technology 52

Technology Treasury IFRS Compliance 52

Bramasol

NOVEMBER 13, 2023

For example, at Bramasol we made a decision over a decade ago to focus on SAP finance solutions for the office of the CFO, with a specific emphasis on the new revenue recognition compliance requirements in ASC 606 and IFRS 15. For more on alternative approaches, read the next section.)

SAP 79

SAP General Ledger IFRS Compliance 79

Bramasol

OCTOBER 26, 2021

Since both the Comply, Optimize, Transform approach and RISE with SAP migration tools enable complementary paths that lead to the Intelligent Enterprise on S/4HANA, it makes a lot of sense to leverage the synergies wherever possible. Overview of Comply, Optimize, Transform.

SAP 88

SAP IFRS Compliance Treasury 88

Spreadym

AUGUST 10, 2023

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.

Financial Reporting 52

Financial Reporting Financial Planning and Analysis (FP&A) CFO Accounting Standards 52

Bramasol

DECEMBER 13, 2021

They also need to address compliance requirements such as revenue reporting under ASC 606 and IFRS 15, which are still required but can be more complex for DSE business models. This is another subject that we've been tracking closely and have addressed in a recent blog on Carbon Accounting Compliance.

SAP 52

SAP Compliance Profit and Loss IFRS 52

Jedox Finance

JULY 11, 2023

5 Other sustainability reporting initiatives in development include those of the International Sustainability Standards Board (ISSB), developed by the International Financial Reporting Standards (IFRS) Foundation. The final ESRS requirements are to be passed as law at the end of July 2023 and no later than the end of August 2023.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance Compliance Profit and Loss 52

Planful

JANUARY 3, 2017

Accounts payable. Accounts receivable and collections management. General ledger accounting. These systems provide built-in support for complexities such as currency translation, intercompany eliminations, and reporting under multiple accounting guidelines, such as US GAAP or IFRS. Order processing and billing.

General Ledger 40

General Ledger Budgeting Forecasting Cash Flow Forecasting 40

Planful

AUGUST 1, 2017

US GAAP, Canadian GAAP, IFRS, etc.). So instead, most organizations leverage software applications designed to address all of these requirements – software that also helps them manage and streamline the close, consolidation, and reporting process. Multi-GAAP reporting (i.e., Regulatory reporting and filings. External board reporting.

GAAP 40

GAAP Value-Added Analysis IFRS Auditing 40

Bramasol

DECEMBER 14, 2023

We've also seen benefits from our experience with related functions such as treasury, lessor accounting and the overall S/4HANA ecosystem as new DSE offerings from our clients become more complex with multi-element bundles.

Technology 90

Technology SAP IFRS Compliance 90

Onplan

NOVEMBER 30, 2022

Our guide to the best FP&A tools compares each vendor based on five criteria: Adoption — How easy it is for users to adopt the technology and learn and leverage its full extent of features and capabilities. Automated reporting also enforces compliance with GAAP and IFRS standards.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Budgeting Forecasting Planning 52