CFO Leadership

OCTOBER 10, 2023

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. As AI permeates finance, questions about its compliance with audits and financial governance will arise.

Accounting 95

Accounting Finance Auditing IFRS 95

Bramasol

NOVEMBER 8, 2021

However, for the past couple of decades, ESG has typically consisted of producing an annual glossy Corporate Responsibility Report that discussed various initiatives in descriptive terms across areas such as energy usage, waste stream mitigation, labor practices, community programs, charitable giving, etc.

Compliance 88

Compliance Accounting SAP IFRS 88

Bramasol

JULY 26, 2024

Within the Five-Step model, Step 4 of ASC 606 and IFRS 15 requires an allocation of the total consideration in a contract, which your company is entitled to collect for each distinct performance obligation. Standalone Selling Price: What is SSP, why is it needed, and how is it determined?

SAP 90

SAP IFRS GAAP Compliance 90

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

Future CFO

JULY 3, 2024

The balance sheet, income statement, cash flows and stockholder equity have traditionally communicated how — and how much — companies create value. These companies use annual environmental, social, and governance scorecard metrics and weighted modifiers to clearly communicate to stakeholders that executives must deliver on results.

Finance 59

Finance IFRS Quantitative Data Communication 59

CFO Talks

SEPTEMBER 26, 2024

For example, recent amendments to the Companies Act have altered financial reporting and audit requirements, impacting many businesses. Complex Reporting Standards: Adhering to both International Financial Reporting Standards (IFRS) and local regulations can complicate financial reporting.

IFRS 52

IFRS Compliance Auditing Financial Reporting 52

Future CFO

MAY 1, 2024

As they assist in compliance audits and the monitoring of internal controls to ensure that everyone within the company does their job correctly, they are also expected to thrive and flourish amid the challenges along the way for the benefit of the organisation.

Leadership 98

Leadership IFRS Finance Communication 98

CFO Leadership

OCTOBER 18, 2023

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. As AI permeates finance, questions about its compliance with audits and financial governance will arise.

Accounting 52

Accounting Finance Auditing IFRS 52

CFO Talks

MARCH 31, 2022

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. Oyinda Akanbi is making a difference beyond finance in her position as CFO at the leading diagnostics provider in Nigeria. What’s your view on that?

CFO 40

CFO Finance Accounting IFRS 40

Onplan

NOVEMBER 30, 2022

Instead of reaching out to your marketing, sales, and other departments for data inputs, and spreading your communication across various channels and sources, you can reach instant and total alignment. Automated reporting also enforces compliance with GAAP and IFRS standards. Cube is probably best used by tech-savvy companies.

Financial Planning and Analysis (FP&A) 52

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

CFO Talks

SEPTEMBER 13, 2024

My name is Lawrence Nsibandze, and I began my career back in 2001 with the Price Hotel Group as an audit clerk. I spent about four and a half years there, doing external audits for clients under international standards. In this role, I introduced a risk-based auditing approach and later became the bank’s financial manager.

Finance 97

Finance Auditing CFO Leadership 97

CFO Talks

JANUARY 27, 2025

Stakeholder Engagement: Effectively communicating ESG efforts to investors, regulators, and other stakeholders is crucial for building trust and securing support. 1 is, of course, the traditional route, which a lot of people follow and go through one of the accounting firms, and, typically, they go through audit related activities.

CFO 52

CFO Auditing IFRS Accounting 52