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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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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?

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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.

IFRS 70
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IBM Cognos Controller: Financial close management managed by the office of finance

Future CFO

Click on the link to download to discover in detail a list of the benefits that IBM Cognos Controller provide for finance teams: Data collection and validation Reconciliations Workflow and tasks to improve the close cycle Currency conversion Minority interest calculations Inter-company eliminations Group closing adjustments Management adjustments Allocations (..)

Finance 52
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34 Competencies required to become a CFO(SA)

CFO Talks

Competencies include: Working knowledge of risk management, budget, and forecasting tools. Accounting knowledge (IFRS and taxation). Information quality and control rationalisation are top-of-mind issues for the Steward. Investment and credit risk knowledge. External financial and regulatory reporting knowledge.

CFO 52
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Mapping Out Successful FP&A Management In the Face of Adversity

The Finance Weekly

Activity-based costing can be used to calculate the cost of each activity for budgeting and financial reporting, so it will be easy for the FP&A function to measure the performance of each business function against these activities as this will help the organization to streamline their operations.

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Making the Business Case for Cloud-Based Planning and Reporting

Planful

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. Lack of security sending budgeting spreadsheets via email. Not being compliant with US GAAP or IFRS. Lack of security.