CFO Leadership

OCTOBER 18, 2023

AI coupled with The Digitization of the Finance Function create powerful levers for today’s CFO. AI driven automation is expected to extend to more complex tasks such as, audits, risk management, and financial planning and analysis. For instance, could financial statements generated by ChatGPT withstand audit scrutiny?

Finance 52

Finance Accounting Auditing IFRS 52

Future CFO

MAY 23, 2021

The post Global IFRS video: Regulatory assets and regulatory liabilities appeared first on FutureCFO. This EY video addresses the IASB’s proposals for the recognition, measurement, presentation and disclosure of regulatory assets, regulatory liabilities, regulatory income and regulatory expense.

IFRS 40

IFRS Auditing Compliance 40

Future CFO

FEBRUARY 1, 2024

"It is absolutely critical businesses implement an accounting and reporting system for their ESG data that is as auditable, transparent, and reliable as their financial data accounting," Hasenoehrl says, "2024 is the year we have to start treating enterprise carbon data the same way we treat financial data."

Finance 52

Finance SAP Auditing IFRS 52

Simply Treasury

FEBRUARY 27, 2020

It is not simple or neutral and difficult to sell to an Audit Committee or CFO. However, with a good counterparty risk the return is hardly better, and even often, still negative with, as a bonus on top, an intermediate volatility for those who report in IFRS (because of quarterly mark-to-market valuations).

IFRS 130

IFRS CFO Auditing Valuation 130

Future CFO

AUGUST 18, 2022

Some 61% of assurance engagements were performed by audit firms on a global basis, a slight decline from the previous year (63%). SASB’s parent organisation, The Value Reporting Foundation, will consolidate into the IFRS Foundation on Aug. Study highlights. 1, 2022, to support the work of the ISSB.).

IFRS 52

IFRS Auditing Accounting Standards Accounting Firms 52

The Finance Weekly

MARCH 28, 2022

At COP26, the International Financial Reporting Standards Foundation (IFRS Foundation), which supervises accounting standards in more than 140 countries, predominantly in Europe and Asia, announced the formation of the , International Sustainability Standards Board (ISSB). Data validations, controls, and audit trails are extensive.

Finance 52

Finance Auditing Accounting Standards IFRS 52

Future CFO

OCTOBER 27, 2020

Of note for APAC CFOs are findings including: Mandatory electronic transaction reporting in just 15% of jurisdictions regionally, despite COVID-19 swiftly advancing e-filing and e-reporting technology.

Accounting 52

Accounting IFRS GAAP Auditing 52

CFO Talks

JUNE 8, 2022

Daniel Raubenheimer, CFO at USA-based Silon, expanded on the new ISSM standards in our CFO Talks podcast interview with him. What is happening internationally, through the various CFO organisations from Mexico to France to South Africa, Italy, Germany, Tunisia, Morocco, is that we have all started working together to empower the CFO.

CFO 52

CFO IFRS Education Auditing 52

Future CFO

NOVEMBER 2, 2020

Many jurisdictions are moving towards international accounting standards such as International Financial Reporting Standards (IFRS) and US Generally Accepted Accounting Principles (GAAP). However, APAC and EMEA take a much more localised approach.

Compliance 40

Compliance IFRS GAAP Accounting Principles 40

Planful

JANUARY 19, 2016

Consolidating the financial results following US GAAP or IFRS guidelines, including these steps: Performing currency conversions. Producing financial statements that the CFO and CEO are confident in signing off on. Ensuring adequate audit trails for internal and external auditors. Managing complex intercompany reconciliations.

IFRS 40

IFRS GAAP Reconciliations Auditing 40

CFO Talks

MARCH 31, 2022

Oyinda Akanbi is making a difference beyond finance in her position as CFO at the leading diagnostics provider in Nigeria. Today’s podcast is sponsored by Draftworx, which provides automated drafting and working paper financial software to more than 8000 accounting and auditing firms and corporations.

CFO 40

CFO Finance IFRS Accounting 40

CFO Talks

DECEMBER 26, 2021

SAIBA’s CEO, Nicolaas van Wyk, provides interesting feedback from the recent CFO World Congress in Mexico, how developments at COP26 will soon change a CFO’s reporting obligations, and the trends for CFOs going into 2022. CFO Talks is a brand of the South African Institute of Business Accountants. Welcome, Nicolaas.

CFO 40

CFO Profit and Loss Finance Accounting 40

Planful

FEBRUARY 21, 2017

From the collection and consolidation of financial results, to the creation of year-end financial statements, to audits and regulatory filings – finance teams are often distraught throughout the process. These results then require consolidation following US GAAP or IFRS guidelines.

Reconciliations 40

Reconciliations IFRS GAAP Leverage 40

The Charity CFO

JANUARY 19, 2023

The goal is to create an accurate and comprehensive record of all transactions that can be used for both internal and external reporting, including audits and tax returns. Depending on the organization’s size, you can have a single person ( such as a CFO ) or an audit committee to monitor compliance.

Accounting Standards 52

Accounting Standards Nonprofit Accounting GAAP 52

Spreadym

AUGUST 10, 2023

Compliance: Adherence to accounting standards and regulations, such as Generally Accepted Accounting Principles (GAAP) or International Financial Reporting Standards (IFRS). Audit Trail: A record of changes made to financial data and reports, ensuring transparency and accountability.

Financial Reporting 52

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

Planful

JUNE 22, 2017

GAAP or International Financial Reporting Standards (IFRS). In a large enterprise, the financial consolidation process is typically handled by the Accounting department, which is under the supervision of the Controller or VP of Accounting/Reporting, and ultimately overseen by the Chief Financial Officer (CFO).

Accounting 40

Accounting General Ledger IFRS GAAP 40

CFO Talks

DECEMBER 26, 2021

South African-born Daniel Raubenheimer is a passionate MBA graduate with cross-functional experience in tech, FMCG and manufacturing, he’s now CFO at Silon in Atlanta, USA, a leading producer of technical compounds and polyester staple fibres. CFO Talks is a brand of the South African Institute of Business Accountants.

Manufacturing 75

Manufacturing CFO Budgeting IFRS 75

Onplan

NOVEMBER 30, 2022

The Basic level offers essential modeling and planning features, while the Professional and Enterprise plans offer additional security and compliance features, like Audits and App Lifecycle Management. Automated reporting also enforces compliance with GAAP and IFRS standards. Custom dashboards and reporting.

Financial Planning and Analysis (FP&A) 52

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