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Reporting Rules That Make or Break Your Reputation

CFO Talks

Global standards such as IFRS, IFRS for SMEs, and emerging sustainability frameworks have become the common language of credibility. Theyve attended the training sessions and can quote the key principles of IFRS. And its about giving operational teams the clarity they need to manage their budgets and performance.

IFRS 52
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Financial Reports That Don’t Age Like Milk: The Power of Real-Time Data 

CFO Talks

Financial Information Systems help businesses automate compliance checks, ensuring they meet regulations such as International Financial Reporting Standards (IFRS 17) and tax laws. This means department heads can check their budgets, track spending, and make informed financial decisions without needing an accountant to explain the numbers.

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Future-proofing the finance infrastructure

Future CFO

Harmonising financial reporting and compliance Finding the balance between financial reporting and compliance across multiple jurisdictions, while trying to comply to global standards such US GAAP and IFRS with local tax regimes and regulatory requirements without overburdening local teams can be such a huge task for many organisations.

Finance 52
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How Complex Are Your Business Finances?

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Use dimension values to capture your business transactions, operational measures, and budgets in General Ledger. GAAP, IFRS, and cash base side by side for better visibility. Set spending limits to maintain budget compliance with Sage Intacct Spend Management. Seamless scaling without adding headcount. Define your own workflows.

Finance 104
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UK Retailers Press For Commercial Card Interchange Fee Caps

PYMNTS

Meanwhile, the EC has extended the deadline to release its review of the effectiveness of the Interchange Fee Regulation (IFR), which came into effect in 2015. The issue at hand is the IFR’s focus on protecting individual cardholders, whereas corporations are the “consumer” in the case of the commercial card.

Retail 70
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Cash-Flow Forecasting remains KING

Simply Treasury

For many, CFFs are simply a sort of budget revision exercise. However, CFF’s ought to be consolidated (in IFRS format) at least quarterly, with a monthly review, with forecasts going forward to at least the end of the current financial year and with a subsequent review to explain the variances and to instil forecasting discipline.

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How the New Revenue Recognition Rules Could Impact Budgeting and Planning

Planful

But Robert Kugel , SVP and Research Director at Ventana Research, recently published an article highlighting the impact the new guidelines can have on budgeting and planning. However, the revenue recognition guidance offered under US GAAP vs. IFRS has differed and was in need of improvement. Background – What’s Changing and When?