Embark With Us

JULY 31, 2025

Research : This involves the planned search for new knowledge. The board is actively evaluating whether certain development-phase costs should be eligible for capitalization, aligning more closely with IFRS and modernizing financial reporting in a knowledge-based economy.

Accounting

CFO Dive

JUNE 16, 2025

Ensure auditable reporting and compliance The CFO needs to work with other functions like corporate financial reporting, regulatory compliance, tax, treasury, and legal to ensure timely, auditable reporting and financial accounting. Enable actual supplier emissions data collection First, it’s a matter of compliance.

CFO

Bramasol

JULY 16, 2025

ERP systems help automate compliance reporting, carbon footprint tracking, and environmental audits. Personalized Offerings : With an increasing focus on customer satisfaction and engagement, businesses need ERP systems that enable personalized service offerings, flexible payment plans, and more efficient customer interactions.

SAP

Future CFO

JUNE 14, 2021

The total IFRS cost faced by the global insurance sector to implement the standard is estimated to hit the range of US$15 billion - US$20 billion, said Willis Towers Watson recently. Estimated IFRS costs vary significantly by insurer size, according to a Willis Towers Watson study which polled 312 insurers from 50 countries.

IFRS

CFO Share

NOVEMBER 15, 2023

Embarking on your first financial audit can be nerve-wracking. As a small business owner or finance manager, it’s crucial to approach this process with a clear plan. This article includes small business accounting tips to prepare for an audit while minimizing its expenses and findings. How Long Do Financial Audits Take?

Auditing

Bramasol

JULY 22, 2023

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

Bramasol

MAY 16, 2025

Revenue Recognition Compliance: Navigating ASC 606 / IFRS 15 rules for multi-element arrangements and variable consideration. Audit Readiness: Growing need for internal controls (e.g., The platform brings together application development, data management, analytics and planning, integration, process automation, and AI capabilities."

SAP

CFO Leadership

OCTOBER 10, 2023

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. For instance, could financial statements generated by ChatGPT withstand audit scrutiny?

Accounting

CFO Talks

MARCH 2, 2023

Before joining Komatsu, he was a Senior Manager at KPMG in South Africa and he was responsible for several large audit clients. Financial indices are all positive, we’ve just presented our business plans to our shareholders and we’re still portraying a positive business plan for next year. Ehsaan is a Chartered Accountant.

Auditing

CFO Talks

SEPTEMBER 5, 2024

Ensuring Data Integration In today’s interconnected world, your FIS must seamlessly integrate with other business systems, such as Enterprise Resource Planning (ERP), Customer Relationship Management (CRM), and Human Resources (HR) systems. Planning for Scalability Finally, it’s crucial to design your FIS with the future in mind.

IFRS

Bramasol

MARCH 24, 2022

Certain climate-related financial statement metrics and related disclosures in a note to its audited financial statements; and ? Information about climate-related targets and goals, and transition plan, if any. ISSB was established by the IFRS Foundation in response to the Glasgow COP 26 conference in November 2021.

Accounting

Planful

JULY 27, 2016

Are you wondering how best to make the business case to your company for investing in a cloud-based planning or reporting solution? Reducing Reliance on Spreadsheets for Budgeting, Planning, and Reporting. The key challenges in using spreadsheets and email for budgeting and planning: Too much manual work – the process takes too long.

Financial Planning and Analysis (FP&A)

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. Digital Transformation: Is there a way to map out an incremental plan for migrating our business to S/4HANA? What are the options?

SAP

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

CFO Leadership

OCTOBER 18, 2023

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. For instance, could financial statements generated by ChatGPT withstand audit scrutiny?

Accounting

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

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

CFO Talks

JULY 16, 2024

Held over two days, this year’s event focused on the expanding roles of CFOs in forecasting, planning, and strategic decision-making, highlighting the importance of technological advancements in driving business innovation. Pieter highlighted the importance of fostering collaboration and sharing best practices among CFOs globally.

Leadership

Planful

JANUARY 19, 2016

Consolidating the financial results following US GAAP or IFRS guidelines, including these steps: Performing currency conversions. Ensuring adequate audit trails for internal and external auditors. They’ll conclude that there’s a total lack of security, control, and audit trails when using spreadsheets.

IFRS

Planful

JUNE 22, 2017

GAAP or International Financial Reporting Standards (IFRS). Undetected errors can occur and spreadsheets don’t provide adequate audit trails regarding changes to financial results in the process. Here are the key accounting consolidation steps in the finance consolidation process : Collecting trial balance data (e.g.,

Accounting

Jedox Finance

JULY 11, 2023

1 These pros and cons are enough to motivate the C-suite to expedite their ESG efforts, starting with determining the department responsible for ESG planning and reporting. Numerous associations, consultants, and analysts have promoted the idea of the finance function assuming the core responsibility for ESG planning, tracking, and reporting.

Financial Planning and Analysis (FP&A)

Planful

SEPTEMBER 5, 2019

Our customers love to tell us how many inefficiencies they had in their reporting process before they started using the Planful Platform for financial reporting. Along the way, the entire reporting process is tracked to highlight potential risks, reduce compliance and audit costs, and improve efficiency and accuracy. .

Financial Reporting

Planful

AUGUST 1, 2017

If the latter is the case, Planful recently held a webinar focused on how you can automate and accelerate the financial close, consolidation, and reporting process and free up more Finance time for value-added analysis. You’re preparing for an IPO or external audit, which requires having rock-solid financial statements.

GAAP

Spreadym

AUGUST 10, 2023

The best financial reporting software solutions , Spreadym : an easy-to-use platform that is widely used for financial planning and analysis. Compliance: Adherence to accounting standards and regulations, such as Generally Accepted Accounting Principles (GAAP) or International Financial Reporting Standards (IFRS).

Financial Reporting

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. Lessons Learned from War Stories.

Reconciliations

CFO Talks

JUNE 8, 2022

CFOs will be expected to provide a robust ESG audit trail to boost investor confidence in the near future, including underlying assumptions, models, and a paper trail of the internal controls underpinning the information provided. For corporates, ESG must work alongside financial factors to save, not increase, costs.

CFO

Onplan

NOVEMBER 30, 2022

Finance professionals and teams today have numerous solutions available to help them plan, budget, forecast, and analyze financial information. In this buyer’s guide to the best FP&A software, we’ll provide an overview of the top financial planning and analysis tools to consider. However, not all FP&A tools are created equal.

Financial Planning and Analysis (FP&A)

CFO Talks

OCTOBER 1, 2024

IFRS, US GAAP). Strategic Planning and Innovation: CFOs are key players in a company’s strategic planning , and part of their role is to look for areas where investments can boost innovation and long-term growth. Investment Strategy and Productivity: CFOs play a critical role in deciding how a company allocates its resources.

Leverage

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.

CFO

CFO Talks

DECEMBER 26, 2021

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 Talks is a brand of the South African Institute of Business Accountants.

CFO

Bramasol

APRIL 7, 2025

Service Differentiation: Telcos must compete with other providers on service quality, pricing, and innovative offerings like bundled packages, mobile device discounts, or personalized service plans. Better Accounting Compliance: Cloud-based ERP systems ensure accurate financial reporting, adherence to tax laws, and audit readiness.

SAP