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The future of sustainability reporting in the finance function

Future CFO

"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
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A Fresh Look at Ongoing ESG and Carbon Accounting Developments

Bramasol

From a global perspective, the International Sustainability Standards Board (ISSB), which was established by the IFRS in November 2021 at COP26 in Glasgow, has issued its first two standards. IFRS S1 requires companies to communicate the sustainability risks and opportunities they face over the short, medium, and long term.

IFRS 89
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Embracing AI in Finance and Accounting: Balancing Risk and Innovation

CFO Leadership

AI driven automation is expected to extend to more complex tasks such as, audits, risk management, and financial planning and analysis. As AI permeates finance, questions about its compliance with audits and financial governance will arise.

Finance 95
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TEST Embracing AI in Finance and Accounting: Balancing Risk and Innovation

CFO Leadership

AI driven automation is expected to extend to more complex tasks such as, audits, risk management, and financial planning and analysis. As AI permeates finance, questions about its compliance with audits and financial governance will arise.

Finance 52
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Why Should Finance Teams Care About ESG Reporting?

The Finance Weekly

Continue reading to learn what ESG reporting is, what's new with ESG reporting standards, why Finance teams should care, and the five benefits of aligning ESG and financial reporting. It expects to release two reporting protocols on disclosures in the second half of 2022.

Finance 52
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The most and least complex jurisdictions for financial compliance in APAC

Future CFO

Many jurisdictions are moving towards international accounting standards such as International Financial Reporting Standards (IFRS) and US Generally Accepted Accounting Principles (GAAP). This drops to only 71% of jurisdictions in APAC, showing a higher demand for individuals representing these companies to be locally resident.

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Making the Business Case for Cloud-Based Planning and Reporting

Planful

Limited reporting and analysis capabilities, and too much manual effort. Not being compliant with US GAAP or IFRS. Lack of controls and audit trails. Time-consuming and costly audit process. Managing Budgeting, Planning and Financial Reporting in the Cloud. Automate and accelerate financial reporting by 50%.